YEARLY HIGH
137.0489 NPR
YEARLY LOW
131.7913 NPR
YEARLY AVERAGE
133.8412 NPR

2024 BMD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 137.0489. Conversely, the yearly low was recorded on March 7, dropping to 131.7913.

This high-to-low spread represents a total annual volatility of 5.2576 NPR. From a start-to-finish perspective, comparing the January average rate of 132.9585 to the December average rate of 135.8875, 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 137.0489 was up 2.44% compared to the 2023 peak of 133.7858, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 685,244 NPR
2023 Average 660,379 NPR
Yearly Trough Low 658,956 NPR
Transaction Impact: A difference of 26,287.94 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

136.1993
132.4571
JanuMarcMayJulySeptNove

BMD 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 133.1347, compared to 134.5477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4130 points.

H1 Avg (Jan–Jun) 133.1347
H2 Avg (Jul–Dec) 134.5477

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.9814 NPR (High: 134.4413 / Low: 132.4599). On the other end, July was the most stable month, with a tight range of 0.7570 NPR (High: 134.0152 / Low: 133.2582).

January Spread (Volatile) ±1.9814
July Spread (Stable) ±0.7570

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 0.1459 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 135.8875) against the same month in 2023 (average: 133.3137), the exchange rate shifted by +2.5738 (+1.93%).

2024 Avg (December) 135.8875
2023 Avg (December) 133.3137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 134.4413 132.4599 132.9585
February 133.8442 132.3885 132.8126
March 133.4777 131.7913 132.7690
April 133.7190 132.9277 133.3544
May 134.2659 132.6208 133.3733
June 134.3666 132.9337 133.5403
July 134.0152 133.2582 133.7096
August 134.5126 132.7656 134.1127
September 134.5766 133.5185 134.1084
October 134.8108 133.9984 134.5231
November 135.7467 134.3972 134.9449
December 137.0489 135.0805 135.8875