2024 NPR to MXN Historical Review

YEARLY HIGH

0.1537 MXN

YEARLY LOW

0.1228 MXN

YEARLY AVERAGE

0.1368 MXN

2024 NPR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.1537. Conversely, the yearly low was recorded on April 8, dropping to 0.1228.

This high-to-low spread represents a total annual volatility of 0.0309 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1283 to the December average rate of 0.1490, the exchange rate registered a net change of 16.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1537 was up 4.16% compared to the 2023 peak of 0.1476, 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 768 MXN

2023 Average 671 MXN

Yearly Trough Low 614 MXN

Transaction Impact: A difference of 154.32 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1531

0.1235

JanuMarcMayJulySeptNove

NPR to MXN 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 0.1286, compared to 0.1450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.1286

H2 Avg (Jul–Dec) 0.1450

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0132 MXN (High: 0.1404 / Low: 0.1272). On the other end, February was the most stable month, with a tight range of 0.0015 MXN (High: 0.1296 / Low: 0.1282).

June Spread (Volatile) ±0.0132

February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1506) against the same month in 2023 (average: 0.1305), the exchange rate shifted by +0.0201 (+15.37%).

2024 Avg (November) 0.1506

2023 Avg (November) 0.1305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1302	0.1266	0.1283
February	0.1296	0.1282	0.1287
March	0.1287	0.1242	0.1263
April	0.1292	0.1228	0.1261
May	0.1277	0.1241	0.1260
June	0.1404	0.1272	0.1362
July	0.1401	0.1320	0.1354
August	0.1476	0.1389	0.1428
September	0.1495	0.1425	0.1461
October	0.1498	0.1430	0.1463
November	0.1537	0.1468	0.1506
December	0.1523	0.1476	0.1490