2024 FKP to NPR Historical Review

YEARLY HIGH

179.7855 NPR

YEARLY LOW

164.8431 NPR

YEARLY AVERAGE

171.0594 NPR

2024 FKP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 179.7855. Conversely, the yearly low was recorded on April 20, dropping to 164.8431.

This high-to-low spread represents a total annual volatility of 14.9425 NPR. From a start-to-finish perspective, comparing the January average rate of 168.9653 to the December average rate of 171.6840, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 179.7855 was up 3.40% compared to the 2023 peak of 173.8704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 898,928 NPR

2023 Average 821,460 NPR

Yearly Trough Low 824,215 NPR

Transaction Impact: A difference of 74,712.32 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

178.3431

165.7770

JanuMarcMayJulySeptNove

FKP 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 168.4139, compared to 173.7048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2909 points.

H1 Avg (Jan–Jun) 168.4139

H2 Avg (Jul–Dec) 173.7048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 8.1978 NPR (High: 177.9751 / Low: 169.7773). On the other end, January was the most stable month, with a tight range of 1.7122 NPR (High: 169.8793 / Low: 168.1671).

August Spread (Volatile) ±8.1978

January Spread (Stable) ±1.7122

Growth Streaks & Declines

Trends

Between 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 3.4504 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.4504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 177.2959) against the same month in 2023 (average: 164.5184), the exchange rate shifted by +12.7776 (+7.77%).

2024 Avg (September) 177.2959

2023 Avg (September) 164.5184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	169.8793	168.1671	168.9653
February	169.0539	166.7452	167.7591
March	170.2400	167.3613	168.7157
April	168.7826	164.8431	166.8242
May	170.1237	166.9820	168.5350
June	171.0251	168.4728	169.6841
July	173.8283	168.9137	172.0833
August	177.9751	169.7773	173.6338
September	179.7855	175.0740	177.2959
October	178.1655	173.2594	175.4911
November	175.5703	169.0851	172.0407
December	173.6086	170.1713	171.6840