YEARLY HIGH
0.7703 NPR
YEARLY LOW
0.7428 NPR
YEARLY AVERAGE
0.7527 NPR

2024 DJF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7703. Conversely, the yearly low was recorded on March 9, dropping to 0.7428.

This high-to-low spread represents a total annual volatility of 0.0275 NPR. From a start-to-finish perspective, comparing the January average rate of 0.7473 to the December average rate of 0.7640, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7703 was up 2.01% compared to the 2023 peak of 0.7551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,852 NPR
2023 Average 3,713 NPR
Yearly Trough Low 3,714 NPR
Transaction Impact: A difference of 137.52 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7658
0.7446
JanuMarcMayJulySeptNove

DJF 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 0.7487, compared to 0.7567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.7487
H2 Avg (Jul–Dec) 0.7567

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0106 NPR (High: 0.7554 / Low: 0.7449). On the other end, July was the most stable month, with a tight range of 0.0037 NPR (High: 0.7539 / Low: 0.7502).

January Spread (Volatile) ±0.0106
July Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7640) against the same month in 2023 (average: 0.7486), the exchange rate shifted by +0.0155 (+2.07%).

2024 Avg (December) 0.7640
2023 Avg (December) 0.7486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7554 0.7449 0.7473
February 0.7504 0.7449 0.7464
March 0.7529 0.7428 0.7469
April 0.7522 0.7480 0.7500
May 0.7570 0.7469 0.7506
June 0.7547 0.7447 0.7511
July 0.7539 0.7502 0.7519
August 0.7600 0.7515 0.7551
September 0.7561 0.7477 0.7538
October 0.7600 0.7538 0.7564
November 0.7630 0.7542 0.7588
December 0.7703 0.7602 0.7640