YEARLY HIGH
0.0061 GBP
YEARLY LOW
0.0056 GBP
YEARLY AVERAGE
0.0058 GBP

2024 NPR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0061. Conversely, the yearly low was recorded on September 24, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0005 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0058, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0061 was down 6.38% compared to the 2023 peak of 0.0065, 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 30 GBP
2023 Average 30 GBP
Yearly Trough Low 28 GBP
Transaction Impact: A difference of 2.52 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0060
0.0056
JanuMarcMayJulySeptNove

NPR to GBP 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 0.0059, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0059
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 GBP (High: 0.0059 / Low: 0.0056). On the other end, January was the most stable month, with a tight range of 0.0001 GBP (High: 0.0059 / Low: 0.0059).

August Spread (Volatile) ±0.0003
January 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0060) against the same month in 2023 (average: 0.0061), the exchange rate shifted by -0.0001 (-2.24%).

2024 Avg (April) 0.0060
2023 Avg (April) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0059 0.0059
February 0.0060 0.0059 0.0060
March 0.0060 0.0059 0.0059
April 0.0061 0.0059 0.0060
May 0.0060 0.0059 0.0059
June 0.0059 0.0058 0.0059
July 0.0059 0.0058 0.0058
August 0.0059 0.0056 0.0058
September 0.0057 0.0056 0.0056
October 0.0058 0.0056 0.0057
November 0.0059 0.0057 0.0058
December 0.0059 0.0058 0.0058