YEARLY HIGH
21.4904 CDF
YEARLY LOW
20.0018 CDF
YEARLY AVERAGE
21.0334 CDF

2024 NPR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 21.4904. Conversely, the yearly low was recorded on January 20, dropping to 20.0018.

This high-to-low spread represents a total annual volatility of 1.4885 CDF. From a start-to-finish perspective, comparing the January average rate of 20.4717 to the December average rate of 21.0043, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.4904 was up 2.46% compared to the 2023 peak of 20.9739, 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 107,452 CDF
2023 Average 88,437 CDF
Yearly Trough Low 100,009 CDF
Transaction Impact: A difference of 7,442.75 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.3484
20.3920
JanuMarcMayJulySeptNove

NPR to CDF 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 20.8701, compared to 21.1967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3265 points.

H1 Avg (Jan–Jun) 20.8701
H2 Avg (Jul–Dec) 21.1967

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.7227 CDF (High: 20.7246 / Low: 20.0018). On the other end, November was the most stable month, with a tight range of 0.2365 CDF (High: 21.3546 / Low: 21.1182).

January Spread (Volatile) ±0.7227
November Spread (Stable) ±0.2365

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1948 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 21.2687) against the same month in 2023 (average: 18.7963), the exchange rate shifted by +2.4724 (+13.15%).

2024 Avg (July) 21.2687
2023 Avg (July) 18.7963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7246 20.0018 20.4717
February 20.9007 20.5370 20.7534
March 21.0181 20.6970 20.8954
April 21.1486 20.7865 20.9334
May 21.1684 20.8012 20.9601
June 21.3426 20.9462 21.2066
July 21.4904 21.1120 21.2687
August 21.4716 21.0033 21.2430
September 21.4016 21.0960 21.2390
October 21.3931 21.0940 21.2258
November 21.3546 21.1182 21.1991
December 21.2035 20.7841 21.0043