2022 TOP to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TOP to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 56.7343. Conversely, the yearly low was recorded on January 11, dropping to 51.7515.
This high-to-low spread represents a total annual volatility of 4.9828 NPR. From a start-to-finish perspective, comparing the January average rate of 52.3232 to the December average rate of 56.2230, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 56.7343 was up 5.72% compared to the 2021 peak of 53.6636, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 53.2823, compared to 54.5619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2797 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 1.8942 NPR (High: 55.4215 / Low: 53.5273). On the other end, July was the most stable month, with a tight range of 1.0086 NPR (High: 54.6400 / Low: 53.6314).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6812 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 56.2230) against the same month in 2021 (average: 52.7529), the exchange rate shifted by +3.4701 (+6.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.8350 | 51.7515 | 52.3232 |
| February | 53.5049 | 52.2326 | 52.8798 |
| March | 54.3292 | 53.0862 | 53.8503 |
| April | 54.2693 | 52.8626 | 53.7324 |
| May | 54.0032 | 52.6525 | 53.2109 |
| June | 54.1180 | 53.0503 | 53.6968 |
| July | 54.6400 | 53.6314 | 54.0921 |
| August | 54.9397 | 53.8991 | 54.4530 |
| September | 54.3154 | 53.1030 | 53.7718 |
| October | 54.9271 | 53.5374 | 54.0799 |
| November | 55.4215 | 53.5273 | 54.7516 |
| December | 56.7343 | 55.3152 | 56.2230 |