2024 NAD to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NAD to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NAD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 52.3973. Conversely, the yearly low was recorded on February 26, dropping to 46.5780.
This high-to-low spread represents a total annual volatility of 5.8193 KPW. From a start-to-finish perspective, comparing the January average rate of 47.9120 to the December average rate of 49.3943, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 52.3973 was down 2.10% compared to the 2023 peak of 53.5236, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NAD to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 48.0918, compared to 50.1960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1042 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 3.2501 KPW (High: 50.9641 / Low: 47.7140). On the other end, October was the most stable month, with a tight range of 1.2829 KPW (High: 52.0492 / Low: 50.7663).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0045 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 51.0956) against the same month in 2023 (average: 47.4364), the exchange rate shifted by +3.6592 (+7.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 48.5958 | 46.9400 | 47.9120 |
| February | 48.3871 | 46.5780 | 47.4373 |
| March | 48.4392 | 47.1025 | 47.7379 |
| April | 48.6422 | 46.8750 | 47.6548 |
| May | 49.7512 | 48.2934 | 48.9561 |
| June | 50.3237 | 47.2751 | 48.8527 |
| July | 50.1415 | 48.7454 | 49.3553 |
| August | 51.0214 | 48.4610 | 49.9162 |
| September | 52.3973 | 50.0727 | 51.0956 |
| October | 52.0492 | 50.7663 | 51.2097 |
| November | 51.6369 | 49.3151 | 50.2051 |
| December | 50.9641 | 47.7140 | 49.3943 |