YEARLY HIGH
0.0500 NPR
YEARLY LOW
0.0465 NPR
YEARLY AVERAGE
0.0476 NPR

2024 CDF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0500. Conversely, the yearly low was recorded on July 12, dropping to 0.0465.

This high-to-low spread represents a total annual volatility of 0.0035 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0489 to the December average rate of 0.0476, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0500 was down 23.40% compared to the 2023 peak of 0.0653, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 250 NPR
2023 Average 285 NPR
Yearly Trough Low 233 NPR
Transaction Impact: A difference of 17.31 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0490
0.0468
JanuMarcMayJulySeptNove

CDF 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 0.0479, compared to 0.0472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0479
H2 Avg (Jul–Dec) 0.0472

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0017 NPR (High: 0.0500 / Low: 0.0483). On the other end, November was the most stable month, with a tight range of 0.0005 NPR (High: 0.0474 / Low: 0.0468).

January Spread (Volatile) ±0.0017
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and December, 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 0.0007 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0489) against the same month in 2023 (average: 0.0639), the exchange rate shifted by -0.0151 (-23.55%).

2024 Avg (January) 0.0489
2023 Avg (January) 0.0639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0500 0.0483 0.0489
February 0.0487 0.0478 0.0482
March 0.0483 0.0476 0.0479
April 0.0481 0.0473 0.0478
May 0.0481 0.0472 0.0477
June 0.0477 0.0469 0.0472
July 0.0474 0.0465 0.0470
August 0.0476 0.0466 0.0471
September 0.0474 0.0467 0.0471
October 0.0474 0.0467 0.0471
November 0.0474 0.0468 0.0472
December 0.0481 0.0472 0.0476