2024 NPR to HKD Historical Review

YEARLY HIGH

0.0593 HKD

YEARLY LOW

0.0567 HKD

YEARLY AVERAGE

0.0583 HKD

2024 NPR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0593. Conversely, the yearly low was recorded on December 29, dropping to 0.0567.

This high-to-low spread represents a total annual volatility of 0.0027 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0588 to the December average rate of 0.0572, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0593 was down 2.36% compared to the 2023 peak of 0.0608, 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 297 HKD

2023 Average 296 HKD

Yearly Trough Low 283 HKD

Transaction Impact: A difference of 13.45 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0591

0.0570

JanuMarcMayJulySeptNove

NPR to HKD 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 0.0587, compared to 0.0579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0587

H2 Avg (Jul–Dec) 0.0579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0010 HKD (High: 0.0576 / Low: 0.0567). On the other end, April was the most stable month, with a tight range of 0.0004 HKD (High: 0.0589 / Low: 0.0586).

December Spread (Volatile) ±0.0010

April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0589) against the same month in 2023 (average: 0.0597), the exchange rate shifted by -0.0007 (-1.25%).

2024 Avg (March) 0.0589

2023 Avg (March) 0.0597

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0591	0.0581	0.0588
February	0.0591	0.0584	0.0589
March	0.0593	0.0586	0.0589
April	0.0589	0.0586	0.0587
May	0.0588	0.0583	0.0586
June	0.0588	0.0581	0.0585
July	0.0586	0.0583	0.0584
August	0.0588	0.0580	0.0581
September	0.0584	0.0579	0.0581
October	0.0580	0.0576	0.0578
November	0.0579	0.0573	0.0577
December	0.0576	0.0567	0.0572