2024 JOD to NPR Historical Review

YEARLY HIGH

193.2716 NPR

YEARLY LOW

185.9096 NPR

YEARLY AVERAGE

188.7936 NPR

2024 JOD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 193.2716. Conversely, the yearly low was recorded on March 7, dropping to 185.9096.

This high-to-low spread represents a total annual volatility of 7.3620 NPR. From a start-to-finish perspective, comparing the January average rate of 187.4171 to the December average rate of 191.5972, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 193.2716 was up 2.51% compared to the 2023 peak of 188.5370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 966,358 NPR

2023 Average 931,132 NPR

Yearly Trough Low 929,548 NPR

Transaction Impact: A difference of 36,810.09 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

192.0284

186.8532

JanuMarcMayJulySeptNove

JOD 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 187.7844, compared to 189.8029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0185 points.

H1 Avg (Jan–Jun) 187.7844

H2 Avg (Jul–Dec) 189.8029

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2.7758 NPR (High: 193.2716 / Low: 190.4957). On the other end, July was the most stable month, with a tight range of 1.0681 NPR (High: 189.1001 / Low: 188.0320).

December Spread (Volatile) ±2.7758

July Spread (Stable) ±1.0681

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 0.1179 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 191.5972) against the same month in 2023 (average: 187.9160), the exchange rate shifted by +3.6812 (+1.96%).

2024 Avg (December) 191.5972

2023 Avg (December) 187.9160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	189.4607	186.6947	187.4171
February	188.7256	186.7256	187.2992
March	188.2885	185.9096	187.2845
April	188.6821	187.5126	188.1419
May	189.4538	187.0797	188.1575
June	189.5691	187.5211	188.4060
July	189.1001	188.0320	188.6646
August	189.8018	187.3369	189.2342
September	189.8922	188.4524	189.2395
October	190.2764	189.0764	189.7933
November	191.4352	189.5320	190.2884
December	193.2716	190.4957	191.5972