2024 PEN to NPR Historical Review

YEARLY HIGH

36.5804 NPR

YEARLY LOW

34.2469 NPR

YEARLY AVERAGE

35.6662 NPR

2024 PEN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 36.5804. Conversely, the yearly low was recorded on February 14, dropping to 34.2469.

This high-to-low spread represents a total annual volatility of 2.3335 NPR. From a start-to-finish perspective, comparing the January average rate of 35.6364 to the December average rate of 36.4148, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.5804 was down 1.17% compared to the 2023 peak of 37.0125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 182,902 NPR

2023 Average 176,655 NPR

Yearly Trough Low 171,235 NPR

Transaction Impact: A difference of 11,667.35 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.5872

34.5180

JanuMarcMayJulySeptNove

PEN to NPR 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 35.5012, compared to 35.8313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3301 points.

H1 Avg (Jan–Jun) 35.5012

H2 Avg (Jul–Dec) 35.8313

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.4086 NPR (High: 36.2090 / Low: 34.8004). On the other end, August was the most stable month, with a tight range of 0.3925 NPR (High: 36.1313 / Low: 35.7388).

January Spread (Volatile) ±1.4086

August Spread (Stable) ±0.3925

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.9460 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 36.4148) against the same month in 2023 (average: 35.6838), the exchange rate shifted by +0.7309 (+2.05%).

2024 Avg (December) 36.4148

2023 Avg (December) 35.6838

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.2090	34.8004	35.6364
February	35.1492	34.2469	34.6905
March	36.3405	35.0273	35.7418
April	36.2105	35.4887	35.8914
May	36.2002	35.4642	35.7455
June	35.8306	34.7666	35.3017
July	35.9836	34.7310	35.5283
August	36.1313	35.7388	35.9075
September	35.9724	35.2078	35.5793
October	36.1534	35.6383	35.8654
November	36.1329	35.3715	35.6924
December	36.5804	36.1038	36.4148