YEARLY HIGH
95.9692 SYP
YEARLY LOW
18.4518 SYP
YEARLY AVERAGE
21.0492 SYP

2024 NPR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 95.9692. Conversely, the yearly low was recorded on December 19, dropping to 18.4518.

This high-to-low spread represents a total annual volatility of 77.5175 SYP. From a start-to-finish perspective, comparing the January average rate of 18.8972 to the December average rate of 45.7998, the exchange rate registered a net change of 142.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 95.9692 was up 393.35% compared to the 2023 peak of 19.4524, 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 479,846 SYP
2023 Average 95,122 SYP
Yearly Trough Low 92,259 SYP
Transaction Impact: A difference of 387,587.37 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

48.5178
15.9010
JanuMarcMayJulySeptNove

NPR to SYP 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 18.8723, compared to 23.2261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3538 points.

H1 Avg (Jan–Jun) 18.8723
H2 Avg (Jul–Dec) 23.2261

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 77.5175 SYP (High: 95.9692 / Low: 18.4518). On the other end, July was the most stable month, with a tight range of 0.1065 SYP (High: 18.8546 / Low: 18.7481).

December Spread (Volatile) ±77.5175
July Spread (Stable) ±0.1065

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 March and April, when the average rate fell by 0.0832 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 45.7998) against the same month in 2023 (average: 18.8468), the exchange rate shifted by +26.9529 (+143.01%).

2024 Avg (December) 45.7998
2023 Avg (December) 18.8468

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.9682 18.6887 18.8972
February 18.9785 18.7720 18.9179
March 19.0645 18.8236 18.9243
April 18.9015 18.7896 18.8411
May 18.9452 18.7131 18.8384
June 18.9006 18.6991 18.8148
July 18.8546 18.7481 18.7910
August 18.9246 18.6788 18.7346
September 18.8178 18.6699 18.7352
October 18.7504 18.6374 18.6774
November 18.6948 18.5090 18.6190
December 95.9692 18.4518 45.7998