2024 MAD to NPR Historical Review

YEARLY HIGH

14.0324 NPR

YEARLY LOW

13.0853 NPR

YEARLY AVERAGE

13.4695 NPR

2024 MAD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 14.0324. Conversely, the yearly low was recorded on February 28, dropping to 13.0853.

This high-to-low spread represents a total annual volatility of 0.9471 NPR. From a start-to-finish perspective, comparing the January average rate of 13.3606 to the December average rate of 13.5666, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.0324 was up 2.72% compared to the 2023 peak of 13.6610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,162 NPR

2023 Average 65,259 NPR

Yearly Trough Low 65,426 NPR

Transaction Impact: A difference of 4,735.67 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.8461

13.1468

JanuMarcMayJulySeptNove

MAD 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 13.2917, compared to 13.6473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3556 points.

H1 Avg (Jan–Jun) 13.2917

H2 Avg (Jul–Dec) 13.6473

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.5610 NPR (High: 14.0324 / Low: 13.4714). On the other end, March was the most stable month, with a tight range of 0.1220 NPR (High: 13.2759 / Low: 13.1539).

August Spread (Volatile) ±0.5610

March Spread (Stable) ±0.1220

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1555 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 13.7513) against the same month in 2023 (average: 13.3842), the exchange rate shifted by +0.3671 (+2.74%).

2024 Avg (August) 13.7513

2023 Avg (August) 13.3842

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5554	13.2513	13.3606
February	13.3012	13.0853	13.2051
March	13.2759	13.1539	13.2053
April	13.3057	13.1374	13.2115
May	13.4594	13.2376	13.3513
June	13.5308	13.3008	13.4164
July	13.6587	13.3853	13.5621
August	14.0324	13.4714	13.7513
September	13.8462	13.7030	13.7878
October	13.7738	13.5400	13.6591
November	13.7141	13.4156	13.5566
December	13.6311	13.4763	13.5666