YEARLY HIGH
0.0102 BND
YEARLY LOW
0.0096 BND
YEARLY AVERAGE
0.0100 BND

2024 NPR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0102. Conversely, the yearly low was recorded on September 29, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0006 BND. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0099, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0102 was down 1.22% compared to the 2023 peak of 0.0103, 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 51 BND
2023 Average 51 BND
Yearly Trough Low 48 BND
Transaction Impact: A difference of 3.21 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0102
0.0096
JanuMarcMayJulySeptNove

NPR to BND 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 0.0101, compared to 0.0099 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) 0.0101
H2 Avg (Jul–Dec) 0.0099

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 BND (High: 0.0100 / Low: 0.0097). On the other end, June was the most stable month, with a tight range of 0.0001 BND (High: 0.0102 / Low: 0.0101).

August Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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: 0.0102) against the same month in 2023 (average: 0.0102), the exchange rate shifted by +0.0000 (+0.18%).

2024 Avg (April) 0.0102
2023 Avg (April) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0101 0.0099 0.0100
February 0.0102 0.0100 0.0101
March 0.0102 0.0100 0.0101
April 0.0102 0.0101 0.0102
May 0.0102 0.0101 0.0101
June 0.0102 0.0101 0.0101
July 0.0102 0.0100 0.0101
August 0.0100 0.0097 0.0098
September 0.0097 0.0096 0.0097
October 0.0099 0.0096 0.0097
November 0.0100 0.0098 0.0099
December 0.0100 0.0099 0.0099