2024 AFN to NPR Historical Review

YEARLY HIGH

2.0661 NPR

YEARLY LOW

1.7749 NPR

YEARLY AVERAGE

1.8998 NPR

2024 AFN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 2.0661. Conversely, the yearly low was recorded on February 3, dropping to 1.7749.

This high-to-low spread represents a total annual volatility of 0.2912 NPR. From a start-to-finish perspective, comparing the January average rate of 1.8592 to the December average rate of 1.9577, the exchange rate registered a net change of 5.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0661 was up 7.05% compared to the 2023 peak of 1.9299, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,330 NPR

2023 Average 8,048 NPR

Yearly Trough Low 8,874 NPR

Transaction Impact: A difference of 1,456.03 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0248

1.7962

JanuMarcMayJulySeptNove

AFN 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 1.8543, compared to 1.9452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0908 points.

H1 Avg (Jan–Jun) 1.8543

H2 Avg (Jul–Dec) 1.9452

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1326 NPR (High: 1.9169 / Low: 1.7844). On the other end, April was the most stable month, with a tight range of 0.0300 NPR (High: 1.8751 / Low: 1.8451).

January Spread (Volatile) ±0.1326

April Spread (Stable) ±0.0300

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0439 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0439

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2.0058) against the same month in 2023 (average: 1.7617), the exchange rate shifted by +0.2440 (+13.85%).

2024 Avg (October) 2.0058

2023 Avg (October) 1.7617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9169	1.7844	1.8592
February	1.8355	1.7749	1.8153
March	1.8806	1.8125	1.8395
April	1.8751	1.8451	1.8577
May	1.8936	1.8455	1.8609
June	1.9192	1.8601	1.8935
July	1.9089	1.8778	1.8896
August	1.9197	1.8779	1.8943
September	1.9687	1.8936	1.9297
October	2.0661	1.9546	2.0058
November	2.0154	1.9751	1.9939
December	2.0096	1.9314	1.9577