2024 ILS to NPR Historical Review

YEARLY HIGH

38.0944 NPR

YEARLY LOW

34.9367 NPR

YEARLY AVERAGE

36.1719 NPR

2024 ILS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 38.0944. Conversely, the yearly low was recorded on April 28, dropping to 34.9367.

This high-to-low spread represents a total annual volatility of 3.1577 NPR. From a start-to-finish perspective, comparing the January average rate of 35.8577 to the December average rate of 37.5056, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 38.0944 was down 1.93% compared to the 2023 peak of 38.8427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190,472 NPR

2023 Average 179,394 NPR

Yearly Trough Low 174,683 NPR

Transaction Impact: A difference of 15,788.47 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

37.7081

35.2784

JanuMarcMayJulySeptNove

ILS 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 36.0237, compared to 36.3200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2963 points.

H1 Avg (Jan–Jun) 36.0237

H2 Avg (Jul–Dec) 36.3200

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.0984 NPR (High: 37.0370 / Low: 34.9386). On the other end, May was the most stable month, with a tight range of 0.6208 NPR (High: 36.3467 / Low: 35.7259).

August Spread (Volatile) ±2.0984

May Spread (Stable) ±0.6208

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0699 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0699

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 37.5056) against the same month in 2023 (average: 36.3884), the exchange rate shifted by +1.1172 (+3.07%).

2024 Avg (December) 37.5056

2023 Avg (December) 36.3884

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.0489	35.0867	35.8577
February	37.1508	35.9166	36.4486
March	37.1755	36.0314	36.5508
April	36.2512	34.9367	35.4809
May	36.3467	35.7259	36.0305
June	36.2401	35.3849	35.7738
July	36.9337	35.4008	36.4112
August	37.0370	34.9386	36.0448
September	37.0082	35.2913	35.9531
October	36.3777	35.3283	35.7272
November	37.2673	35.8165	36.2785
December	38.0944	36.9255	37.5056