2024 NPR to KRW Historical Review

YEARLY HIGH

10.8385 KRW

YEARLY LOW

9.5948 KRW

YEARLY AVERAGE

10.1887 KRW

2024 NPR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 10.8385. Conversely, the yearly low was recorded on January 1, dropping to 9.5948.

This high-to-low spread represents a total annual volatility of 1.2438 KRW. From a start-to-finish perspective, comparing the January average rate of 9.9635 to the December average rate of 10.6023, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.8385 was up 4.62% compared to the 2023 peak of 10.3603, 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 54,193 KRW

2023 Average 49,449 KRW

Yearly Trough Low 47,974 KRW

Transaction Impact: A difference of 6,218.78 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6707

9.8496

JanuMarcMayJulySeptNove

NPR to KRW 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 10.1461, compared to 10.2313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0852 points.

H1 Avg (Jan–Jun) 10.1461

H2 Avg (Jul–Dec) 10.2313

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.5071 KRW (High: 10.8385 / Low: 10.3315). On the other end, February was the most stable month, with a tight range of 0.1292 KRW (High: 10.1048 / Low: 9.9756).

December Spread (Volatile) ±0.5071

February Spread (Stable) ±0.1292

Growth Streaks & Declines

Trends

Between January and April, 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 0.2713 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 10.6023) against the same month in 2023 (average: 9.7621), the exchange rate shifted by +0.8402 (+8.61%).

2024 Avg (December) 10.6023

2023 Avg (December) 9.7621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0994	9.5948	9.9635
February	10.1048	9.9756	10.0330
March	10.1259	9.9026	10.0361
April	10.4082	10.0849	10.2730
May	10.3601	10.0849	10.2259
June	10.4224	10.2388	10.3453
July	10.3897	10.2297	10.3385
August	10.2467	9.8677	10.0672
September	10.0016	9.7879	9.9180
October	10.3057	9.8643	10.1244
November	10.4170	10.2039	10.3376
December	10.8385	10.3315	10.6023