YEARLY HIGH
0.0076 BMD
YEARLY LOW
0.0073 BMD
YEARLY AVERAGE
0.0075 BMD

2024 NPR to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0076. Conversely, the yearly low was recorded on December 29, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0003 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0074, 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 0.0076 was down 1.99% compared to the 2023 peak of 0.0077, 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 38 BMD
2023 Average 38 BMD
Yearly Trough Low 36 BMD
Transaction Impact: A difference of 1.46 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0075
0.0073
JanuMarcMayJulySeptNove

NPR to BMD 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 0.0075, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0075
H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0001 BMD (High: 0.0075 / Low: 0.0074). On the other end, July was the most stable month, with a tight range of 0.0000 BMD (High: 0.0075 / Low: 0.0075).

January Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0075) against the same month in 2023 (average: 0.0076), the exchange rate shifted by -0.0001 (-0.93%).

2024 Avg (March) 0.0075
2023 Avg (March) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0075 0.0074 0.0075
February 0.0076 0.0075 0.0075
March 0.0076 0.0075 0.0075
April 0.0075 0.0075 0.0075
May 0.0075 0.0074 0.0075
June 0.0075 0.0074 0.0075
July 0.0075 0.0075 0.0075
August 0.0075 0.0074 0.0075
September 0.0075 0.0074 0.0075
October 0.0075 0.0074 0.0074
November 0.0074 0.0074 0.0074
December 0.0074 0.0073 0.0074