2024 JPY to NPR Historical Review

YEARLY HIGH

0.9544 NPR

YEARLY LOW

0.8268 NPR

YEARLY AVERAGE

0.8845 NPR

2024 JPY to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.9544. Conversely, the yearly low was recorded on July 3, dropping to 0.8268.

This high-to-low spread represents a total annual volatility of 0.1276 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9098 to the December average rate of 0.8825, the exchange rate registered a net change of -3.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9544 was down 6.51% compared to the 2023 peak of 1.0208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 477,188 NPR

2023 Average 470,929 NPR

Yearly Trough Low 413,383 NPR

Transaction Impact: A difference of 63,805.23 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9468

0.8354

JanuMarcMayJulySeptNove

JPY 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 0.8752, compared to 0.8939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0187 points.

H1 Avg (Jan–Jun) 0.8752

H2 Avg (Jul–Dec) 0.8939

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0667 NPR (High: 0.8934 / Low: 0.8268). On the other end, March was the most stable month, with a tight range of 0.0253 NPR (High: 0.9025 / Low: 0.8772).

July Spread (Volatile) ±0.0667

March Spread (Stable) ±0.0253

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 September and October, when the average rate fell by 0.0400 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9375) against the same month in 2023 (average: 0.8986), the exchange rate shifted by +0.0389 (+4.33%).

2024 Avg (September) 0.9375

2023 Avg (September) 0.8986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9458	0.8965	0.9098
February	0.9055	0.8787	0.8877
March	0.9025	0.8772	0.8866
April	0.8823	0.8448	0.8658
May	0.8721	0.8464	0.8565
June	0.8617	0.8277	0.8447
July	0.8934	0.8268	0.8490
August	0.9326	0.8972	0.9173
September	0.9544	0.9152	0.9375
October	0.9322	0.8777	0.8975
November	0.9043	0.8628	0.8796
December	0.9061	0.8613	0.8825