2024 NPR to INR Historical Review

YEARLY HIGH

0.6307 INR

YEARLY LOW

0.6193 INR

YEARLY AVERAGE

0.6252 INR

2024 NPR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.6307. Conversely, the yearly low was recorded on January 2, dropping to 0.6193.

This high-to-low spread represents a total annual volatility of 0.0114 INR. From a start-to-finish perspective, comparing the January average rate of 0.6251 to the December average rate of 0.6256, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6307 was down 0.44% compared to the 2023 peak of 0.6335, 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 3,154 INR

2023 Average 3,126 INR

Yearly Trough Low 3,096 INR

Transaction Impact: A difference of 57.09 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6257

0.6246

JanuMarcMayJulySeptNove

NPR to INR 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 0.6252, compared to 0.6252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.6252

H2 Avg (Jul–Dec) 0.6252

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0085 INR (High: 0.6278 / Low: 0.6193). On the other end, July was the most stable month, with a tight range of 0.0027 INR (High: 0.6268 / Low: 0.6241).

January Spread (Volatile) ±0.0085

July Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between May and August, 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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.6255) against the same month in 2023 (average: 0.6252), the exchange rate shifted by +0.0002 (+0.04%).

2024 Avg (August) 0.6255

2023 Avg (August) 0.6252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6278	0.6193	0.6251
February	0.6263	0.6201	0.6247
March	0.6285	0.6234	0.6256
April	0.6282	0.6240	0.6255
May	0.6281	0.6212	0.6250
June	0.6268	0.6216	0.6251
July	0.6268	0.6241	0.6253
August	0.6307	0.6237	0.6255
September	0.6271	0.6239	0.6249
October	0.6260	0.6233	0.6248
November	0.6280	0.6216	0.6252
December	0.6303	0.6230	0.6256