YEARLY HIGH
0.1357 MDL
YEARLY LOW
0.1283 MDL
YEARLY AVERAGE
0.1325 MDL

2024 NPR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.1357. Conversely, the yearly low was recorded on August 29, dropping to 0.1283.

This high-to-low spread represents a total annual volatility of 0.0075 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1325 to the December average rate of 0.1348, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1357 was down 7.64% compared to the 2023 peak of 0.1470, 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 679 MDL
2023 Average 685 MDL
Yearly Trough Low 641 MDL
Transaction Impact: A difference of 37.36 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1353
0.1291
JanuMarcMayJulySeptNove

NPR to MDL 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 0.1329, compared to 0.1321 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) 0.1329
H2 Avg (Jul–Dec) 0.1321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0052 MDL (High: 0.1338 / Low: 0.1287). On the other end, December was the most stable month, with a tight range of 0.0013 MDL (High: 0.1355 / Low: 0.1341).

January Spread (Volatile) ±0.0052
December Spread (Stable) ±0.0013

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 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1337) against the same month in 2023 (average: 0.1341), the exchange rate shifted by -0.0004 (-0.27%).

2024 Avg (November) 0.1337
2023 Avg (November) 0.1341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1338 0.1287 0.1325
February 0.1348 0.1327 0.1340
March 0.1340 0.1320 0.1330
April 0.1344 0.1319 0.1329
May 0.1334 0.1314 0.1324
June 0.1343 0.1314 0.1327
July 0.1334 0.1313 0.1324
August 0.1328 0.1283 0.1304
September 0.1307 0.1287 0.1296
October 0.1334 0.1295 0.1314
November 0.1357 0.1313 0.1337
December 0.1355 0.1341 0.1348