2024 CAD to NPR Historical Review

YEARLY HIGH

100.9168 NPR

YEARLY LOW

94.0199 NPR

YEARLY AVERAGE

97.6868 NPR

2024 CAD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 100.9168. Conversely, the yearly low was recorded on December 18, dropping to 94.0199.

This high-to-low spread represents a total annual volatility of 6.8969 NPR. From a start-to-finish perspective, comparing the January average rate of 99.0920 to the December average rate of 95.2871, the exchange rate registered a net change of -3.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 100.9168 was down 0.20% compared to the 2023 peak of 101.1193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 504,584 NPR

2023 Average 489,198 NPR

Yearly Trough Low 470,099 NPR

Transaction Impact: A difference of 34,484.52 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

99.4725

94.9066

JanuMarcMayJulySeptNove

CAD 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 98.0100, compared to 97.3637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6463 points.

H1 Avg (Jan–Jun) 98.0100

H2 Avg (Jul–Dec) 97.3637

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 4.2083 NPR (High: 99.8436 / Low: 95.6353). On the other end, June was the most stable month, with a tight range of 1.1167 NPR (High: 97.9913 / Low: 96.8746).

August Spread (Volatile) ±4.2083

June Spread (Stable) ±1.1167

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 1.2594 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 99.0920) against the same month in 2023 (average: 97.5545), the exchange rate shifted by +1.5374 (+1.58%).

2024 Avg (January) 99.0920

2023 Avg (January) 97.5545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.9168	98.3161	99.0920
February	99.3589	97.5033	98.4193
March	98.7251	97.5453	98.0509
April	98.6430	96.6145	97.4802
May	98.1252	96.9661	97.5838
June	97.9913	96.8746	97.4339
July	98.1225	96.7127	97.4920
August	99.8436	95.6353	98.1395
September	99.7701	98.4218	98.9861
October	99.4408	96.4007	97.7683
November	97.5865	95.4061	96.5089
December	96.7086	94.0199	95.2871