2024 FJD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 61.3091. Conversely, the yearly low was recorded on April 23, dropping to 58.0968.
This high-to-low spread represents a total annual volatility of 3.2123 NPR. From a start-to-finish perspective, comparing the January average rate of 59.5340 to the December average rate of 58.8985, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 61.3091 was up 0.46% compared to the 2023 peak of 61.0309, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FJD to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 59.1522, compared to 59.8535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7014 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 2.3169 NPR (High: 61.0935 / Low: 58.7765). On the other end, March was the most stable month, with a tight range of 1.0107 NPR (High: 59.4212 / Low: 58.4105).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6870 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 60.7409) against the same month in 2023 (average: 58.4826), the exchange rate shifted by +2.2583 (+3.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.8089 | 58.6557 | 59.5340 |
| February | 59.5092 | 58.2094 | 59.0493 |
| March | 59.4212 | 58.4105 | 58.9673 |
| April | 59.4529 | 58.0968 | 58.8409 |
| May | 59.9168 | 58.5765 | 59.1186 |
| June | 59.9488 | 58.8476 | 59.4029 |
| July | 60.0827 | 58.9201 | 59.5888 |
| August | 61.0935 | 58.7765 | 60.1247 |
| September | 61.3091 | 59.9125 | 60.7409 |
| October | 61.2140 | 58.9827 | 60.2276 |
| November | 60.5307 | 58.7619 | 59.5407 |
| December | 59.7003 | 58.3599 | 58.8985 |