YEARLY HIGH
0.1457 NAD
YEARLY LOW
0.1283 NAD
YEARLY AVERAGE
0.1370 NAD

2024 NPR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1457. Conversely, the yearly low was recorded on September 29, dropping to 0.1283.

This high-to-low spread represents a total annual volatility of 0.0174 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1413 to the December average rate of 0.1341, the exchange rate registered a net change of -5.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1457 was down 4.14% compared to the 2023 peak of 0.1520, 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 729 NAD
2023 Average 700 NAD
Yearly Trough Low 642 NAD
Transaction Impact: A difference of 87.15 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1441
0.1294
JanuMarcMayJulySeptNove

NPR to NAD 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 0.1406, compared to 0.1333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.1406
H2 Avg (Jul–Dec) 0.1333

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0086 NAD (High: 0.1426 / Low: 0.1340). On the other end, October was the most stable month, with a tight range of 0.0028 NAD (High: 0.1319 / Low: 0.1290).

June Spread (Volatile) ±0.0086
October Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1429) against the same month in 2023 (average: 0.1353), the exchange rate shifted by +0.0076 (+5.59%).

2024 Avg (February) 0.1429
2023 Avg (February) 0.1353

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1442 0.1378 0.1413
February 0.1457 0.1392 0.1429
March 0.1445 0.1403 0.1420
April 0.1440 0.1390 0.1416
May 0.1391 0.1357 0.1378
June 0.1426 0.1340 0.1380
July 0.1383 0.1347 0.1364
August 0.1382 0.1315 0.1345
September 0.1338 0.1283 0.1314
October 0.1319 0.1290 0.1306
November 0.1354 0.1295 0.1329
December 0.1378 0.1300 0.1341