YEARLY HIGH
0.0279 AED
YEARLY LOW
0.0268 AED
YEARLY AVERAGE
0.0274 AED

2024 NPR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0279. Conversely, the yearly low was recorded on December 29, dropping to 0.0268.

This high-to-low spread represents a total annual volatility of 0.0011 AED. From a start-to-finish perspective, comparing the January average rate of 0.0276 to the December average rate of 0.0270, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0279 was down 1.97% compared to the 2023 peak of 0.0284, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139 AED
2023 Average 139 AED
Yearly Trough Low 134 AED
Transaction Impact: A difference of 5.34 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0277
0.0270
JanuMarcMayJulySeptNove

NPR to AED 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 0.0276, compared to 0.0273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0276
H2 Avg (Jul–Dec) 0.0273

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0004 AED (High: 0.0277 / Low: 0.0273). On the other end, July was the most stable month, with a tight range of 0.0002 AED (High: 0.0276 / Low: 0.0274).

January Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0277) against the same month in 2023 (average: 0.0279), the exchange rate shifted by -0.0003 (-0.93%).

2024 Avg (March) 0.0277
2023 Avg (March) 0.0279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0277 0.0273 0.0276
February 0.0277 0.0274 0.0277
March 0.0279 0.0275 0.0277
April 0.0276 0.0275 0.0275
May 0.0277 0.0274 0.0275
June 0.0276 0.0273 0.0275
July 0.0276 0.0274 0.0275
August 0.0277 0.0273 0.0274
September 0.0275 0.0273 0.0274
October 0.0274 0.0272 0.0273
November 0.0273 0.0271 0.0272
December 0.0272 0.0268 0.0270