2024 NPR to BIF Historical Review

YEARLY HIGH

21.9688 BIF

YEARLY LOW

21.2137 BIF

YEARLY AVERAGE

21.5508 BIF

2024 NPR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 21.9688. Conversely, the yearly low was recorded on January 2, dropping to 21.2137.

This high-to-low spread represents a total annual volatility of 0.7551 BIF. From a start-to-finish perspective, comparing the January average rate of 21.4611 to the December average rate of 21.6923, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.9688 was up 1.23% compared to the 2023 peak of 21.7013, 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 109,844 BIF

2023 Average 96,422 BIF

Yearly Trough Low 106,068 BIF

Transaction Impact: A difference of 3,775.30 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.7154

21.4380

JanuMarcMayJulySeptNove

NPR to BIF 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 21.5144, compared to 21.5872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0728 points.

H1 Avg (Jan–Jun) 21.5144

H2 Avg (Jul–Dec) 21.5872

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5917 BIF (High: 21.9688 / Low: 21.3771). On the other end, July was the most stable month, with a tight range of 0.0930 BIF (High: 21.5877 / Low: 21.4947).

November Spread (Volatile) ±0.5917

July Spread (Stable) ±0.0930

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.0595 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 21.6473) against the same month in 2023 (average: 21.3322), the exchange rate shifted by +0.3151 (+1.48%).

2024 Avg (November) 21.6473

2023 Avg (November) 21.3322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.5685	21.2137	21.4611
February	21.5850	21.4503	21.5326
March	21.6776	21.3397	21.5476
April	21.5582	21.4045	21.4880
May	21.5950	21.3623	21.5177
June	21.6944	21.4854	21.5393
July	21.5877	21.4947	21.5302
August	21.5435	21.4353	21.4789
September	21.6796	21.4441	21.5794
October	21.9312	21.5024	21.5950
November	21.9688	21.3771	21.6473
December	21.8108	21.3604	21.6923