2024 NPR to SRD Historical Review

YEARLY HIGH

0.2782 SRD

YEARLY LOW

0.2134 SRD

YEARLY AVERAGE

0.2477 SRD

2024 NPR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.2782. Conversely, the yearly low was recorded on August 13, dropping to 0.2134.

This high-to-low spread represents a total annual volatility of 0.0648 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2759 to the December average rate of 0.2592, the exchange rate registered a net change of -6.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2782 was down 5.24% compared to the 2023 peak of 0.2936, 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 1,391 SRD

2023 Average 1,386 SRD

Yearly Trough Low 1,067 SRD

Transaction Impact: A difference of 323.85 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2821

0.2086

JanuMarcMayJulySeptNove

NPR to SRD 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 0.2587, compared to 0.2367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.2587

H2 Avg (Jul–Dec) 0.2367

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0273 SRD (High: 0.2558 / Low: 0.2285). On the other end, August was the most stable month, with a tight range of 0.0038 SRD (High: 0.2172 / Low: 0.2134).

October Spread (Volatile) ±0.0273

August Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0150 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2759) against the same month in 2023 (average: 0.2430), the exchange rate shifted by +0.0329 (+13.54%).

2024 Avg (January) 0.2759

2023 Avg (January) 0.2430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2782	0.2725	0.2759
February	0.2769	0.2661	0.2722
March	0.2685	0.2613	0.2654
April	0.2632	0.2531	0.2596
May	0.2529	0.2405	0.2446
June	0.2425	0.2292	0.2348
July	0.2309	0.2153	0.2221
August	0.2172	0.2134	0.2147
September	0.2297	0.2150	0.2215
October	0.2558	0.2285	0.2417
November	0.2634	0.2553	0.2607
December	0.2621	0.2560	0.2592