YEARLY HIGH
169.0688 STD
YEARLY LOW
162.5829 STD
YEARLY AVERAGE
166.4877 STD

2024 NPR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 169.0688. Conversely, the yearly low was recorded on December 29, dropping to 162.5829.

This high-to-low spread represents a total annual volatility of 6.4860 STD. From a start-to-finish perspective, comparing the January average rate of 167.5859 to the December average rate of 163.9745, 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 169.0688 was down 4.32% compared to the 2023 peak of 176.7067, 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 845,344 STD
2023 Average 855,321 STD
Yearly Trough Low 812,914 STD
Transaction Impact: A difference of 32,429.84 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

168.2109
163.5894
JanuMarcMayJulySeptNove

NPR to STD 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 167.3647, compared to 165.6108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7539 points.

H1 Avg (Jan–Jun) 167.3647
H2 Avg (Jul–Dec) 165.6108

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.4792 STD (High: 168.2154 / Low: 165.7363). On the other end, July was the most stable month, with a tight range of 0.9445 STD (High: 167.2077 / Low: 166.2632).

January Spread (Volatile) ±2.4792
July Spread (Stable) ±0.9445

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 November and December, when the average rate fell by 1.1441 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 167.8257) against the same month in 2023 (average: 173.5243), the exchange rate shifted by -5.6986 (-3.28%).

2024 Avg (March) 167.8257
2023 Avg (March) 173.5243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 168.2154 165.7363 167.5859
February 168.3062 166.4756 167.7695
March 169.0688 166.9327 167.8257
April 167.6235 166.6315 167.0876
May 168.0114 165.9528 167.0644
June 167.6159 165.8285 166.8551
July 167.2077 166.2632 166.6436
August 167.8281 165.6485 166.1436
September 166.8817 165.5696 166.1485
October 166.2840 165.2820 165.6358
November 165.7907 164.1424 165.1186
December 164.9520 162.5829 163.9745