YEARLY HIGH
0.6550 NPR
YEARLY LOW
0.6185 NPR
YEARLY AVERAGE
0.6397 NPR

2024 GYD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6550. Conversely, the yearly low was recorded on March 13, dropping to 0.6185.

This high-to-low spread represents a total annual volatility of 0.0365 NPR. From a start-to-finish perspective, comparing the January average rate of 0.6353 to the December average rate of 0.6498, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6550 was up 2.69% compared to the 2023 peak of 0.6379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,275 NPR
2023 Average 3,143 NPR
Yearly Trough Low 3,093 NPR
Transaction Impact: A difference of 182.58 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6514
0.6327
JanuMarcMayJulySeptNove

GYD 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 0.6362, compared to 0.6432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.6362
H2 Avg (Jul–Dec) 0.6432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0223 NPR (High: 0.6408 / Low: 0.6185). On the other end, August was the most stable month, with a tight range of 0.0023 NPR (High: 0.6427 / Low: 0.6404).

March Spread (Volatile) ±0.0223
August Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between March and August, 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 January and February, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6498) against the same month in 2023 (average: 0.6364), the exchange rate shifted by +0.0134 (+2.11%).

2024 Avg (December) 0.6498
2023 Avg (December) 0.6364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6424 0.6333 0.6353
February 0.6383 0.6328 0.6346
March 0.6408 0.6185 0.6342
April 0.6390 0.6350 0.6373
May 0.6414 0.6351 0.6376
June 0.6397 0.6354 0.6383
July 0.6404 0.6381 0.6393
August 0.6427 0.6404 0.6416
September 0.6425 0.6389 0.6409
October 0.6441 0.6413 0.6427
November 0.6471 0.6426 0.6450
December 0.6550 0.6469 0.6498