2024 EGP to NPR Historical Review

YEARLY HIGH

4.3473 NPR

YEARLY LOW

2.6624 NPR

YEARLY AVERAGE

3.0423 NPR

2024 EGP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 4.3473. Conversely, the yearly low was recorded on December 22, dropping to 2.6624.

This high-to-low spread represents a total annual volatility of 1.6849 NPR. From a start-to-finish perspective, comparing the January average rate of 4.3044 to the December average rate of 2.6874, the exchange rate registered a net change of -37.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.3473 was down 18.88% compared to the 2023 peak of 5.3592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,736 NPR

2023 Average 21,562 NPR

Yearly Trough Low 13,312 NPR

Transaction Impact: A difference of 8,424.28 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.4660

2.5258

JanuMarcMayJulySeptNove

EGP 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 3.3386, compared to 2.7460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5926 points.

H1 Avg (Jan–Jun) 3.3386

H2 Avg (Jul–Dec) 2.7460

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.6247 NPR (High: 4.2949 / Low: 2.6702). On the other end, July was the most stable month, with a tight range of 0.0334 NPR (High: 2.7889 / Low: 2.7554).

March Spread (Volatile) ±1.6247

July Spread (Stable) ±0.0334

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 1.2764 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.2764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 4.3044) against the same month in 2023 (average: 4.5958), the exchange rate shifted by -0.2915 (-6.34%).

2024 Avg (January) 4.3044

2023 Avg (January) 4.5958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.3473	4.2807	4.3044
February	4.3234	4.2792	4.2969
March	4.2949	2.6702	3.0205
April	2.8305	2.7521	2.7895
May	2.8604	2.7761	2.8210
June	2.8282	2.7601	2.7992
July	2.7889	2.7554	2.7755
August	2.7667	2.7204	2.7425
September	2.7804	2.7452	2.7682
October	2.7908	2.7443	2.7689
November	2.7586	2.7100	2.7332
December	2.7251	2.6624	2.6874