2024 CNY to NPR Historical Review

YEARLY HIGH

19.2079 NPR

YEARLY LOW

18.3214 NPR

YEARLY AVERAGE

18.6488 NPR

2024 CNY to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 19.2079. Conversely, the yearly low was recorded on March 7, dropping to 18.3214.

This high-to-low spread represents a total annual volatility of 0.8865 NPR. From a start-to-finish perspective, comparing the January average rate of 18.6989 to the December average rate of 18.6620, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.2079 was down 1.62% compared to the 2023 peak of 19.5243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 480,198 NPR

2023 Average 467,010 NPR

Yearly Trough Low 458,035 NPR

Transaction Impact: A difference of 22,163.31 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.0302

18.3711

JanuMarcMayJulySeptNove

CNY 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 18.5449, compared to 18.7527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2078 points.

H1 Avg (Jan–Jun) 18.5449

H2 Avg (Jul–Dec) 18.7527

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.5773 NPR (High: 18.9062 / Low: 18.3289). On the other end, December was the most stable month, with a tight range of 0.2087 NPR (High: 18.7769 / Low: 18.5682).

June Spread (Volatile) ±0.5773

December Spread (Stable) ±0.2087

Growth Streaks & Declines

Trends

Between July and October, 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 0.2474 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2474

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 18.9753) against the same month in 2023 (average: 18.2889), the exchange rate shifted by +0.6864 (+3.75%).

2024 Avg (October) 18.9753

2023 Avg (October) 18.2889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.9365	18.4839	18.6989
February	18.7915	18.3950	18.5555
March	18.6001	18.3214	18.4483
April	18.7819	18.3838	18.4488
May	18.8875	18.3548	18.6114
June	18.9062	18.3289	18.5065
July	18.7353	18.3374	18.4260
August	18.9548	18.4816	18.7675
September	19.1069	18.8482	18.9573
October	19.2079	18.8603	18.9753
November	18.9686	18.5587	18.7279
December	18.7769	18.5682	18.6620