2024 BOB to NPR Historical Review

YEARLY HIGH

19.8226 NPR

YEARLY LOW

19.0877 NPR

YEARLY AVERAGE

19.3627 NPR

2024 BOB to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 19.8226. Conversely, the yearly low was recorded on March 13, dropping to 19.0877.

This high-to-low spread represents a total annual volatility of 0.7349 NPR. From a start-to-finish perspective, comparing the January average rate of 19.2446 to the December average rate of 19.6654, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.8226 was up 2.64% compared to the 2023 peak of 19.3129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 99,113 NPR

2023 Average 95,601 NPR

Yearly Trough Low 95,438 NPR

Transaction Impact: A difference of 3,674.35 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.7106

19.1678

JanuMarcMayJulySeptNove

BOB 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 19.2613, compared to 19.4641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2028 points.

H1 Avg (Jan–Jun) 19.2613

H2 Avg (Jul–Dec) 19.4641

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3152 NPR (High: 19.4028 / Low: 19.0877). On the other end, July was the most stable month, with a tight range of 0.0752 NPR (High: 19.3878 / Low: 19.3126).

March Spread (Volatile) ±0.3152

July Spread (Stable) ±0.0752

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0316 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.6654) against the same month in 2023 (average: 19.2712), the exchange rate shifted by +0.3942 (+2.05%).

2024 Avg (December) 19.6654

2023 Avg (December) 19.2712

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.4500	19.1777	19.2446
February	19.3242	19.1392	19.2131
March	19.4028	19.0877	19.2156
April	19.3250	19.2208	19.2687
May	19.4329	19.2390	19.3026
June	19.3660	19.2510	19.3233
July	19.3878	19.3126	19.3545
August	19.4591	19.3699	19.4220
September	19.4536	19.2809	19.3984
October	19.4874	19.3866	19.4418
November	19.5942	19.4043	19.5027
December	19.8226	19.5847	19.6654