YEARLY HIGH
2.3178 NPR
YEARLY LOW
2.2154 NPR
YEARLY AVERAGE
2.2520 NPR

2024 DOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.3178. Conversely, the yearly low was recorded on September 28, dropping to 2.2154.

This high-to-low spread represents a total annual volatility of 0.1023 NPR. From a start-to-finish perspective, comparing the January average rate of 2.2691 to the December average rate of 2.2389, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3178 was down 4.58% compared to the 2023 peak of 2.4291, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,589 NPR
2023 Average 11,797 NPR
Yearly Trough Low 11,077 NPR
Transaction Impact: A difference of 511.58 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2863
2.2246
JanuMarcMayJulySeptNove

DOP 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 2.2623, compared to 2.2417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 2.2623
H2 Avg (Jul–Dec) 2.2417

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0671 NPR (High: 2.3178 / Low: 2.2507). On the other end, July was the most stable month, with a tight range of 0.0097 NPR (High: 2.2655 / Low: 2.2558).

January Spread (Volatile) ±0.0671
July Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0273 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.2691) against the same month in 2023 (average: 2.3136), the exchange rate shifted by -0.0445 (-1.92%).

2024 Avg (January) 2.2691
2023 Avg (January) 2.3136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3178 2.2507 2.2691
February 2.2719 2.2503 2.2626
March 2.2691 2.2395 2.2500
April 2.2830 2.2437 2.2571
May 2.3069 2.2531 2.2811
June 2.2688 2.2307 2.2538
July 2.2655 2.2558 2.2605
August 2.2715 2.2398 2.2501
September 2.2514 2.2154 2.2349
October 2.2360 2.2176 2.2297
November 2.2465 2.2259 2.2362
December 2.2507 2.2313 2.2389