YEARLY HIGH
0.0354 NPR
YEARLY LOW
0.0299 NPR
YEARLY AVERAGE
0.0329 NPR

2024 COP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0354. Conversely, the yearly low was recorded on November 15, dropping to 0.0299.

This high-to-low spread represents a total annual volatility of 0.0055 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0339 to the December average rate of 0.0309, the exchange rate registered a net change of -8.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0354 was up 1.83% compared to the 2023 peak of 0.0348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176,960 NPR
2023 Average 153,619 NPR
Yearly Trough Low 149,497 NPR
Transaction Impact: A difference of 27,463.49 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0349
0.0302
JanuMarcMayJulySeptNove

COP 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 0.0340, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0340
H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0028 NPR (High: 0.0347 / Low: 0.0319). On the other end, February was the most stable month, with a tight range of 0.0007 NPR (High: 0.0341 / Low: 0.0334).

June Spread (Volatile) ±0.0028
February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0345) against the same month in 2023 (average: 0.0289), the exchange rate shifted by +0.0056 (+19.38%).

2024 Avg (April) 0.0345
2023 Avg (April) 0.0289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0346 0.0335 0.0339
February 0.0341 0.0334 0.0338
March 0.0346 0.0336 0.0341
April 0.0354 0.0337 0.0345
May 0.0350 0.0342 0.0345
June 0.0347 0.0319 0.0330
July 0.0339 0.0323 0.0331
August 0.0336 0.0324 0.0331
September 0.0325 0.0313 0.0321
October 0.0324 0.0304 0.0316
November 0.0313 0.0299 0.0306
December 0.0315 0.0303 0.0309