YEARLY HIGH
68.5244 NPR
YEARLY LOW
65.8956 NPR
YEARLY AVERAGE
66.9206 NPR

2024 BBD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 68.5244. Conversely, the yearly low was recorded on March 7, dropping to 65.8956.

This high-to-low spread represents a total annual volatility of 2.6288 NPR. From a start-to-finish perspective, comparing the January average rate of 66.4793 to the December average rate of 67.9437, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 68.5244 was up 2.44% compared to the 2023 peak of 66.8929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 342,622 NPR
2023 Average 330,190 NPR
Yearly Trough Low 329,478 NPR
Transaction Impact: A difference of 13,143.97 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

68.0997
66.2286
JanuMarcMayJulySeptNove

BBD 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 66.5673, compared to 67.2739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7065 points.

H1 Avg (Jan–Jun) 66.5673
H2 Avg (Jul–Dec) 67.2739

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.9907 NPR (High: 67.2207 / Low: 66.2299). On the other end, July was the most stable month, with a tight range of 0.3785 NPR (High: 67.0076 / Low: 66.6291).

January Spread (Volatile) ±0.9907
July Spread (Stable) ±0.3785

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0730 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 67.9437) against the same month in 2023 (average: 66.6568), the exchange rate shifted by +1.2869 (+1.93%).

2024 Avg (December) 67.9437
2023 Avg (December) 66.6568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.2207 66.2299 66.4793
February 66.9221 66.1942 66.4063
March 66.7389 65.8956 66.3845
April 66.8595 66.4638 66.6772
May 67.1329 66.3104 66.6866
June 67.1833 66.4668 66.7701
July 67.0076 66.6291 66.8548
August 67.2563 66.3828 67.0563
September 67.2883 66.7593 67.0542
October 67.4054 66.9992 67.2615
November 67.8734 67.1986 67.4725
December 68.5244 67.5403 67.9437