2024 ISK to NPR Historical Review

YEARLY HIGH

0.9937 NPR

YEARLY LOW

0.9402 NPR

YEARLY AVERAGE

0.9702 NPR

2024 ISK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.9937. Conversely, the yearly low was recorded on April 14, dropping to 0.9402.

This high-to-low spread represents a total annual volatility of 0.0535 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9712 to the December average rate of 0.9798, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9937 was down 2.16% compared to the 2023 peak of 1.0157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,969 NPR

2023 Average 4,793 NPR

Yearly Trough Low 4,701 NPR

Transaction Impact: A difference of 267.48 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9865

0.9475

JanuMarcMayJulySeptNove

ISK 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 0.9629, compared to 0.9774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.9629

H2 Avg (Jul–Dec) 0.9774

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0267 NPR (High: 0.9934 / Low: 0.9667). On the other end, July was the most stable month, with a tight range of 0.0160 NPR (High: 0.9778 / Low: 0.9618).

September Spread (Volatile) ±0.0267

July Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0169 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.9832) against the same month in 2023 (average: 0.9599), the exchange rate shifted by +0.0233 (+2.43%).

2024 Avg (October) 0.9832

2023 Avg (October) 0.9599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9830	0.9642	0.9712
February	0.9755	0.9559	0.9643
March	0.9798	0.9565	0.9677
April	0.9620	0.9402	0.9508
May	0.9713	0.9531	0.9609
June	0.9729	0.9564	0.9627
July	0.9778	0.9618	0.9709
August	0.9854	0.9625	0.9736
September	0.9934	0.9667	0.9795
October	0.9937	0.9729	0.9832
November	0.9885	0.9666	0.9775
December	0.9891	0.9726	0.9798