2024 INR to NPR Historical Review

YEARLY HIGH

1.6148 NPR

YEARLY LOW

1.5855 NPR

YEARLY AVERAGE

1.5995 NPR

2024 INR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.6148. Conversely, the yearly low was recorded on August 4, dropping to 1.5855.

This high-to-low spread represents a total annual volatility of 0.0292 NPR. From a start-to-finish perspective, comparing the January average rate of 1.5998 to the December average rate of 1.5986, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.6148 was down 0.30% compared to the 2023 peak of 1.6196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 403,691 NPR

2023 Average 399,890 NPR

Yearly Trough Low 396,384 NPR

Transaction Impact: A difference of 7,307.81 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.6009

1.5983

JanuMarcMayJulySeptNove

INR 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 1.5995, compared to 1.5995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 1.5995

H2 Avg (Jul–Dec) 1.5995

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0219 NPR (High: 1.6148 / Low: 1.5928). On the other end, July was the most stable month, with a tight range of 0.0068 NPR (High: 1.6024 / Low: 1.5955).

January Spread (Volatile) ±0.0219

July Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.5998) against the same month in 2023 (average: 1.6019), the exchange rate shifted by -0.0021 (-0.13%).

2024 Avg (January) 1.5998

2023 Avg (January) 1.6019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6148	1.5928	1.5998
February	1.6126	1.5967	1.6007
March	1.6042	1.5911	1.5985
April	1.6024	1.5919	1.5987
May	1.6098	1.5921	1.6000
June	1.6086	1.5955	1.5996
July	1.6024	1.5955	1.5993
August	1.6033	1.5855	1.5988
September	1.6029	1.5947	1.6003
October	1.6044	1.5975	1.6006
November	1.6087	1.5924	1.5996
December	1.6050	1.5864	1.5986