2024 KRW to NPR Historical Review

YEARLY HIGH

0.1042 NPR

YEARLY LOW

0.0923 NPR

YEARLY AVERAGE

0.0982 NPR

2024 KRW to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1042. Conversely, the yearly low was recorded on December 27, dropping to 0.0923.

This high-to-low spread represents a total annual volatility of 0.0120 NPR. From a start-to-finish perspective, comparing the January average rate of 0.1004 to the December average rate of 0.0943, the exchange rate registered a net change of -6.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1042 was down 2.87% compared to the 2023 peak of 0.1073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 521,116 NPR

2023 Average 505,803 NPR

Yearly Trough Low 461,317 NPR

Transaction Impact: A difference of 59,799.67 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1015

0.0937

JanuMarcMayJulySeptNove

KRW 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 0.0986, compared to 0.0978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0986

H2 Avg (Jul–Dec) 0.0978

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0052 NPR (High: 0.1042 / Low: 0.0990). On the other end, February was the most stable month, with a tight range of 0.0013 NPR (High: 0.1002 / Low: 0.0990).

January Spread (Volatile) ±0.0052

February Spread (Stable) ±0.0013

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 November and December, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1004) against the same month in 2023 (average: 0.1054), the exchange rate shifted by -0.0050 (-4.73%).

2024 Avg (January) 0.1004

2023 Avg (January) 0.1054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1042	0.0990	0.1004
February	0.1002	0.0990	0.0997
March	0.1010	0.0988	0.0996
April	0.0992	0.0961	0.0974
May	0.0992	0.0965	0.0978
June	0.0977	0.0959	0.0967
July	0.0978	0.0962	0.0967
August	0.1013	0.0976	0.0993
September	0.1022	0.1000	0.1008
October	0.1014	0.0970	0.0988
November	0.0980	0.0960	0.0967
December	0.0968	0.0923	0.0943