YEARLY HIGH
51.0753 NPR
YEARLY LOW
47.8861 NPR
YEARLY AVERAGE
49.1552 NPR

2019 TOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 51.0753. Conversely, the yearly low was recorded on July 11, dropping to 47.8861.

This high-to-low spread represents a total annual volatility of 3.1891 NPR. From a start-to-finish perspective, comparing the January average rate of 49.8346 to the December average rate of 49.5175, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 51.0753 was down 1.01% compared to the 2018 peak of 51.5979, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 255,376 NPR
2018 Average 240,602 NPR
Yearly Trough Low 239,431 NPR
Transaction Impact: A difference of 15,945.58 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

50.6102
48.0473
JanuMarcMayJulySeptNove

TOP to NPR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 49.2811, compared to 49.0294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2517 points.

H1 Avg (Jan–Jun) 49.2811
H2 Avg (Jul–Dec) 49.0294

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.8482 NPR (High: 50.7755 / Low: 48.9273). On the other end, October was the most stable month, with a tight range of 0.6450 NPR (High: 49.2256 / Low: 48.5807).

January Spread (Volatile) ±1.8482
October Spread (Stable) ±0.6450

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.2541 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 50.3966) against the same month in 2018 (average: 46.5197), the exchange rate shifted by +3.8769 (+8.33%).

2019 Avg (February) 50.3966
2018 Avg (February) 46.5197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.7755 48.9273 49.8346
February 51.0753 49.6977 50.3966
March 50.0982 48.5228 49.1425
April 50.2587 48.5264 49.0136
May 49.3266 48.3064 48.7250
June 48.8746 48.1871 48.5743
July 48.7847 47.8861 48.2609
August 49.5609 48.1007 49.0393
September 49.7843 48.5143 49.1553
October 49.2256 48.5807 48.8775
November 50.0609 48.8686 49.3258
December 50.0432 49.1516 49.5175