2024 NPR to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NPR to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NPR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 33.4456. Conversely, the yearly low was recorded on April 8, dropping to 28.2550.
This high-to-low spread represents a total annual volatility of 5.1906 COP. From a start-to-finish perspective, comparing the January average rate of 29.4803 to the December average rate of 32.3188, the exchange rate registered a net change of 9.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 33.4456 was down 10.95% compared to the 2023 peak of 37.5575, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NPR to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 29.4564, compared to 31.3778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9214 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 2.5095 COP (High: 31.3402 / Low: 28.8308). On the other end, February was the most stable month, with a tight range of 0.6115 COP (High: 29.9243 / Low: 29.3128).
Growth Streaks & Declines
TrendsBetween July and November, 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 0.3773 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 32.6492) against the same month in 2023 (average: 30.2787), the exchange rate shifted by +2.3705 (+7.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.8330 | 28.8986 | 29.4803 |
| February | 29.9243 | 29.3128 | 29.5765 |
| March | 29.7511 | 28.8974 | 29.3613 |
| April | 29.6696 | 28.2550 | 28.9840 |
| May | 29.2477 | 28.5594 | 28.9733 |
| June | 31.3402 | 28.8308 | 30.3632 |
| July | 30.9882 | 29.5057 | 30.2062 |
| August | 30.8688 | 29.7691 | 30.2452 |
| September | 31.9844 | 30.7712 | 31.1988 |
| October | 32.8446 | 30.8772 | 31.6487 |
| November | 33.4456 | 31.9154 | 32.6492 |
| December | 32.9525 | 31.7275 | 32.3188 |