2024 HKD to NPR Historical Review

YEARLY HIGH

17.6517 NPR

YEARLY LOW

16.8515 NPR

YEARLY AVERAGE

17.1530 NPR

2024 HKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 17.6517. Conversely, the yearly low was recorded on March 7, dropping to 16.8515.

This high-to-low spread represents a total annual volatility of 0.8002 NPR. From a start-to-finish perspective, comparing the January average rate of 17.0099 to the December average rate of 17.4806, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6517 was up 3.07% compared to the 2023 peak of 17.1258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 441,293 NPR

2023 Average 421,753 NPR

Yearly Trough Low 421,287 NPR

Transaction Impact: A difference of 20,005.89 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.5316

16.9194

JanuMarcMayJulySeptNove

HKD 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 17.0270, compared to 17.2790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2519 points.

H1 Avg (Jan–Jun) 17.0270

H2 Avg (Jul–Dec) 17.2790

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.2932 NPR (High: 17.6517 / Low: 17.3585). On the other end, April was the most stable month, with a tight range of 0.1016 NPR (High: 17.0752 / Low: 16.9736).

December Spread (Volatile) ±0.2932

April Spread (Stable) ±0.1016

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0297 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 17.4806) against the same month in 2023 (average: 17.0706), the exchange rate shifted by +0.4099 (+2.40%).

2024 Avg (December) 17.4806

2023 Avg (December) 17.0706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.2025	16.9320	17.0099
February	17.1119	16.9125	16.9801
March	17.0588	16.8515	16.9704
April	17.0752	16.9736	17.0291
May	17.1626	16.9967	17.0748
June	17.2012	16.9995	17.0979
July	17.1620	17.0570	17.1209
August	17.2512	17.0098	17.2006
September	17.2641	17.1379	17.2128
October	17.3580	17.2411	17.3140
November	17.4586	17.2668	17.3449
December	17.6517	17.3585	17.4806