2024 BZD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BZD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BZD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 68.1955. Conversely, the yearly low was recorded on March 10, dropping to 65.6259.
This high-to-low spread represents a total annual volatility of 2.5696 NPR. From a start-to-finish perspective, comparing the January average rate of 65.9721 to the December average rate of 67.5337, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 68.1955 was up 3.00% compared to the 2023 peak of 66.2091, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BZD to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 66.0639, compared to 66.7719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7080 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 1.0549 NPR (High: 68.1955 / Low: 67.1406). On the other end, July was the most stable month, with a tight range of 0.2179 NPR (High: 66.4680 / Low: 66.2501).
Growth Streaks & Declines
TrendsBetween 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 0.0941 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 67.5337) against the same month in 2023 (average: 66.0691), the exchange rate shifted by +1.4646 (+2.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 66.6747 | 65.7439 | 65.9721 |
| February | 66.2485 | 65.7277 | 65.8781 |
| March | 66.5154 | 65.6259 | 65.9066 |
| April | 66.4073 | 65.9758 | 66.1846 |
| May | 66.6163 | 65.9518 | 66.1943 |
| June | 66.3920 | 65.9916 | 66.2477 |
| July | 66.4680 | 66.2501 | 66.3565 |
| August | 66.7035 | 66.4625 | 66.5926 |
| September | 66.6872 | 66.3111 | 66.5212 |
| October | 66.8031 | 66.5345 | 66.6944 |
| November | 67.1671 | 66.6892 | 66.9331 |
| December | 68.1955 | 67.1406 | 67.5337 |