2024 BGN to NPR Historical Review

YEARLY HIGH

76.8315 NPR

YEARLY LOW

71.9338 NPR

YEARLY AVERAGE

74.0480 NPR

2024 BGN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 76.8315. Conversely, the yearly low was recorded on November 24, dropping to 71.9338.

This high-to-low spread represents a total annual volatility of 4.8977 NPR. From a start-to-finish perspective, comparing the January average rate of 74.1581 to the December average rate of 72.7680, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 76.8315 was up 1.08% compared to the 2023 peak of 76.0129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 384,157 NPR

2023 Average 365,310 NPR

Yearly Trough Low 359,669 NPR

Transaction Impact: A difference of 24,488.59 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

76.5113

72.4277

JanuMarcMayJulySeptNove

BGN 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 73.5972, compared to 74.4988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9016 points.

H1 Avg (Jan–Jun) 73.5972

H2 Avg (Jul–Dec) 74.4988

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.2613 NPR (High: 75.1951 / Low: 71.9338). On the other end, March was the most stable month, with a tight range of 0.8952 NPR (High: 74.1975 / Low: 73.3023).

November Spread (Volatile) ±3.2613

March Spread (Stable) ±0.8952

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 1.6203 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 75.5896) against the same month in 2023 (average: 73.8986), the exchange rate shifted by +1.6910 (+2.29%).

2024 Avg (August) 75.5896

2023 Avg (August) 73.8986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	75.3389	73.4025	74.1581
February	73.8056	72.7389	73.2930
March	74.1975	73.3023	73.7921
April	74.0118	72.4766	73.1208
May	74.2357	73.2286	73.7320
June	74.3608	72.9655	73.4870
July	74.6735	73.3316	74.1916
August	76.8315	73.8541	75.5896
September	76.5604	75.6004	76.1710
October	75.8791	74.1786	74.9465
November	75.1951	71.9338	73.3262
December	73.3815	72.1681	72.7680