2024 ETB to NPR Historical Review

YEARLY HIGH

2.3922 NPR

YEARLY LOW

1.0655 NPR

YEARLY AVERAGE

1.8424 NPR

2024 ETB to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.3922. Conversely, the yearly low was recorded on December 27, dropping to 1.0655.

This high-to-low spread represents a total annual volatility of 1.3266 NPR. From a start-to-finish perspective, comparing the January average rate of 2.3564 to the December average rate of 1.0730, the exchange rate registered a net change of -54.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3922 was down 3.33% compared to the 2023 peak of 2.4746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,961 NPR

2023 Average 12,065 NPR

Yearly Trough Low 5,328 NPR

Transaction Impact: A difference of 6,633.23 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4847

0.9447

JanuMarcMayJulySeptNove

ETB 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 2.3391, compared to 1.3457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9934 points.

H1 Avg (Jan–Jun) 2.3391

H2 Avg (Jul–Dec) 1.3457

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.5608 NPR (High: 2.3350 / Low: 1.7742). On the other end, December was the most stable month, with a tight range of 0.0257 NPR (High: 1.0912 / Low: 1.0655).

July Spread (Volatile) ±0.5608

December Spread (Stable) ±0.0257

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9808 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.9808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.3564) against the same month in 2023 (average: 2.4409), the exchange rate shifted by -0.0844 (-3.46%).

2024 Avg (January) 2.3564

2023 Avg (January) 2.4409

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3922	2.3444	2.3564
February	2.3643	2.3364	2.3455
March	2.3696	2.3298	2.3403
April	2.3526	2.3230	2.3435
May	2.3471	2.3145	2.3265
June	2.3388	2.3084	2.3223
July	2.3350	1.7742	2.3006
August	1.6987	1.1909	1.3198
September	1.2165	1.1154	1.1622
October	1.1352	1.1013	1.1177
November	1.1224	1.0688	1.1008
December	1.0912	1.0655	1.0730