YEARLY HIGH
0.7580 NPR
YEARLY LOW
0.6686 NPR
YEARLY AVERAGE
0.6998 NPR

2024 LRD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.7580. Conversely, the yearly low was recorded on September 22, dropping to 0.6686.

This high-to-low spread represents a total annual volatility of 0.0893 NPR. From a start-to-finish perspective, comparing the January average rate of 0.7030 to the December average rate of 0.7525, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7580 was down 12.05% compared to the 2023 peak of 0.8618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,790 NPR
2023 Average 3,800 NPR
Yearly Trough Low 3,343 NPR
Transaction Impact: A difference of 446.60 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7592
0.6791
JanuMarcMayJulySeptNove

LRD 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 0.6932, compared to 0.7063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.6932
H2 Avg (Jul–Dec) 0.7063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0553 NPR (High: 0.7557 / Low: 0.7005). On the other end, July was the most stable month, with a tight range of 0.0035 NPR (High: 0.6874 / Low: 0.6839).

November Spread (Volatile) ±0.0553
July Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0074 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7525) against the same month in 2023 (average: 0.7083), the exchange rate shifted by +0.0443 (+6.25%).

2024 Avg (December) 0.7525
2023 Avg (December) 0.7083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7132 0.6981 0.7030
February 0.7041 0.6926 0.6973
March 0.6929 0.6845 0.6899
April 0.7113 0.6886 0.6919
May 0.6942 0.6854 0.6891
June 0.6910 0.6853 0.6881
July 0.6874 0.6839 0.6860
August 0.6890 0.6739 0.6858
September 0.6911 0.6686 0.6858
October 0.7012 0.6915 0.6981
November 0.7557 0.7005 0.7298
December 0.7580 0.7444 0.7525