YEARLY HIGH
0.3856 NPR
YEARLY LOW
0.3403 NPR
YEARLY AVERAGE
0.3665 NPR

2024 HUF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.3856. Conversely, the yearly low was recorded on December 19, dropping to 0.3403.

This high-to-low spread represents a total annual volatility of 0.0453 NPR. From a start-to-finish perspective, comparing the January average rate of 0.3797 to the December average rate of 0.3454, the exchange rate registered a net change of -9.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3856 was down 3.07% compared to the 2023 peak of 0.3978, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 385,580 NPR
2023 Average 374,495 NPR
Yearly Trough Low 340,291 NPR
Transaction Impact: A difference of 45,289.33 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3831
0.3420
JanuMarcMayJulySeptNove

HUF 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 0.3692, compared to 0.3637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.3692
H2 Avg (Jul–Dec) 0.3637

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0183 NPR (High: 0.3602 / Low: 0.3418). On the other end, September was the most stable month, with a tight range of 0.0068 NPR (High: 0.3799 / Low: 0.3731).

November Spread (Volatile) ±0.0183
September Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0144 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3797) against the same month in 2023 (average: 0.3577), the exchange rate shifted by +0.0220 (+6.14%).

2024 Avg (January) 0.3797
2023 Avg (January) 0.3577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3856 0.3702 0.3797
February 0.3767 0.3646 0.3695
March 0.3693 0.3615 0.3653
April 0.3703 0.3593 0.3641
May 0.3765 0.3676 0.3723
June 0.3726 0.3584 0.3643
July 0.3743 0.3633 0.3698
August 0.3819 0.3641 0.3745
September 0.3799 0.3731 0.3774
October 0.3725 0.3578 0.3647
November 0.3602 0.3418 0.3503
December 0.3490 0.3403 0.3454