2024 NPR to PEN Historical Review

YEARLY HIGH

0.0292 PEN

YEARLY LOW

0.0273 PEN

YEARLY AVERAGE

0.0280 PEN

2024 NPR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0292. Conversely, the yearly low was recorded on December 29, dropping to 0.0273.

This high-to-low spread represents a total annual volatility of 0.0019 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0281 to the December average rate of 0.0275, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0292 was down 2.29% compared to the 2023 peak of 0.0299, 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 146 PEN

2023 Average 142 PEN

Yearly Trough Low 137 PEN

Transaction Impact: A difference of 9.31 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0290

0.0273

JanuMarcMayJulySeptNove

NPR to PEN 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 0.0282, compared to 0.0279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0282

H2 Avg (Jul–Dec) 0.0279

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0011 PEN (High: 0.0287 / Low: 0.0276). On the other end, August was the most stable month, with a tight range of 0.0003 PEN (High: 0.0280 / Low: 0.0277).

January Spread (Volatile) ±0.0011

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0288) against the same month in 2023 (average: 0.0290), the exchange rate shifted by -0.0002 (-0.73%).

2024 Avg (February) 0.0288

2023 Avg (February) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0287	0.0276	0.0281
February	0.0292	0.0285	0.0288
March	0.0285	0.0275	0.0280
April	0.0282	0.0276	0.0279
May	0.0282	0.0276	0.0280
June	0.0288	0.0279	0.0283
July	0.0288	0.0278	0.0281
August	0.0280	0.0277	0.0278
September	0.0284	0.0278	0.0281
October	0.0281	0.0277	0.0279
November	0.0283	0.0277	0.0280
December	0.0277	0.0273	0.0275