2024 NPR to NZD Historical Review

YEARLY HIGH

0.0131 NZD

YEARLY LOW

0.0118 NZD

YEARLY AVERAGE

0.0124 NZD

2024 NPR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0131. Conversely, the yearly low was recorded on September 24, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0013 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0122 to the December average rate of 0.0128, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0131 was up 0.93% compared to the 2023 peak of 0.0130, 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 65 NZD

2023 Average 62 NZD

Yearly Trough Low 59 NZD

Transaction Impact: A difference of 6.69 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0129

0.0119

JanuMarcMayJulySeptNove

NPR to NZD 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 0.0123, compared to 0.0124 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) 0.0123

H2 Avg (Jul–Dec) 0.0124

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 NZD (High: 0.0127 / Low: 0.0119). On the other end, June was the most stable month, with a tight range of 0.0002 NZD (High: 0.0123 / Low: 0.0121).

August Spread (Volatile) ±0.0008

June Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0128) against the same month in 2023 (average: 0.0120), the exchange rate shifted by +0.0008 (+6.51%).

2024 Avg (December) 0.0128

2023 Avg (December) 0.0120

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0124	0.0119	0.0122
February	0.0124	0.0121	0.0123
March	0.0126	0.0122	0.0124
April	0.0127	0.0124	0.0126
May	0.0126	0.0122	0.0124
June	0.0123	0.0121	0.0122
July	0.0127	0.0122	0.0124
August	0.0127	0.0119	0.0123
September	0.0121	0.0118	0.0120
October	0.0125	0.0119	0.0122
November	0.0127	0.0123	0.0125
December	0.0131	0.0125	0.0128