2024 NPR to CVE Historical Review

YEARLY HIGH

0.7845 CVE

YEARLY LOW

0.7367 CVE

YEARLY AVERAGE

0.7622 CVE

2024 NPR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.7845. Conversely, the yearly low was recorded on August 27, dropping to 0.7367.

This high-to-low spread represents a total annual volatility of 0.0478 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7607 to the December average rate of 0.7745, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7845 was down 1.57% compared to the 2023 peak of 0.7970, 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 3,923 CVE

2023 Average 3,865 CVE

Yearly Trough Low 3,684 CVE

Transaction Impact: A difference of 238.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7778

0.7377

JanuMarcMayJulySeptNove

NPR to CVE 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 0.7667, compared to 0.7577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.7667

H2 Avg (Jul–Dec) 0.7577

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0359 CVE (High: 0.7845 / Low: 0.7486). On the other end, September was the most stable month, with a tight range of 0.0071 CVE (High: 0.7452 / Low: 0.7381).

November Spread (Volatile) ±0.0359

September Spread (Stable) ±0.0071

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 0.0125 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.7689) against the same month in 2023 (average: 0.7681), the exchange rate shifted by +0.0008 (+0.11%).

2024 Avg (November) 0.7689

2023 Avg (November) 0.7681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7677	0.7467	0.7607
February	0.7755	0.7639	0.7701
March	0.7713	0.7598	0.7649
April	0.7778	0.7618	0.7703
May	0.7783	0.7592	0.7660
June	0.7744	0.7581	0.7680
July	0.7714	0.7537	0.7606
August	0.7659	0.7367	0.7481
September	0.7452	0.7381	0.7411
October	0.7603	0.7414	0.7530
November	0.7845	0.7486	0.7689
December	0.7812	0.7687	0.7745