2024 MGA to NPR Historical Review

YEARLY HIGH

0.0307 NPR

YEARLY LOW

0.0287 NPR

YEARLY AVERAGE

0.0295 NPR

2024 MGA to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0307. Conversely, the yearly low was recorded on December 15, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0020 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0291 to the December average rate of 0.0289, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0307 was down 0.84% compared to the 2023 peak of 0.0309, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 153 NPR

2023 Average 148 NPR

Yearly Trough Low 143 NPR

Transaction Impact: A difference of 10.08 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0305

0.0288

JanuMarcMayJulySeptNove

MGA 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 0.0297, compared to 0.0293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0297

H2 Avg (Jul–Dec) 0.0293

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0013 NPR (High: 0.0306 / Low: 0.0293). On the other end, February was the most stable month, with a tight range of 0.0002 NPR (High: 0.0293 / Low: 0.0292).

March Spread (Volatile) ±0.0013

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0303) against the same month in 2023 (average: 0.0299), the exchange rate shifted by +0.0004 (+1.35%).

2024 Avg (April) 0.0303

2023 Avg (April) 0.0299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0294	0.0289	0.0291
February	0.0293	0.0292	0.0293
March	0.0306	0.0293	0.0297
April	0.0307	0.0300	0.0303
May	0.0302	0.0299	0.0301
June	0.0301	0.0295	0.0299
July	0.0300	0.0294	0.0297
August	0.0297	0.0291	0.0294
September	0.0296	0.0294	0.0295
October	0.0296	0.0291	0.0293
November	0.0293	0.0288	0.0290
December	0.0293	0.0287	0.0289