YEARLY HIGH
56.7343 NPR
YEARLY LOW
51.7515 NPR
YEARLY AVERAGE
53.9221 NPR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 283,672 NPR
2021 Average 260,860 NPR
Yearly Trough Low 258,757 NPR
Transaction Impact: A difference of 24,914.10 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

56.6130
51.9332
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 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.

H1 Avg (Jan–Jun) 53.2823
H2 Avg (Jul–Dec) 54.5619

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.8942
July Spread (Stable) ±1.0086

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6812

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (December) 56.2230
2021 Avg (December) 52.7529

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