YEARLY HIGH
0.0661 SBD
YEARLY LOW
0.0612 SBD
YEARLY AVERAGE
0.0629 SBD

2024 NPR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0661. Conversely, the yearly low was recorded on December 29, dropping to 0.0612.

This high-to-low spread represents a total annual volatility of 0.0049 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0633 to the December average rate of 0.0617, the exchange rate registered a net change of -2.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0661 was up 2.37% compared to the 2023 peak of 0.0645, 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 330 SBD
2023 Average 316 SBD
Yearly Trough Low 306 SBD
Transaction Impact: A difference of 24.44 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0640
0.0615
JanuMarcMayJulySeptNove

NPR to SBD 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 0.0636, compared to 0.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0636
H2 Avg (Jul–Dec) 0.0623

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0028 SBD (High: 0.0661 / Low: 0.0633). On the other end, June was the most stable month, with a tight range of 0.0006 SBD (High: 0.0637 / Low: 0.0631).

March Spread (Volatile) ±0.0028
June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0638) against the same month in 2023 (average: 0.0626), the exchange rate shifted by +0.0012 (+1.92%).

2024 Avg (March) 0.0638
2023 Avg (March) 0.0626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0637 0.0626 0.0633
February 0.0641 0.0630 0.0636
March 0.0661 0.0633 0.0638
April 0.0642 0.0632 0.0636
May 0.0639 0.0632 0.0636
June 0.0637 0.0631 0.0634
July 0.0634 0.0627 0.0632
August 0.0639 0.0626 0.0632
September 0.0631 0.0619 0.0622
October 0.0621 0.0614 0.0618
November 0.0624 0.0614 0.0620
December 0.0620 0.0612 0.0617