2024 PKR to NPR Historical Review

YEARLY HIGH

0.4918 NPR

YEARLY LOW

0.4707 NPR

YEARLY AVERAGE

0.4807 NPR

2024 PKR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4918. Conversely, the yearly low was recorded on January 6, dropping to 0.4707.

This high-to-low spread represents a total annual volatility of 0.0211 NPR. From a start-to-finish perspective, comparing the January average rate of 0.4750 to the December average rate of 0.4886, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4918 was down 15.89% compared to the 2023 peak of 0.5847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 245,919 NPR

2023 Average 237,194 NPR

Yearly Trough Low 235,361 NPR

Transaction Impact: A difference of 10,558.19 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4900

0.4736

JanuMarcMayJulySeptNove

PKR 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 0.4777, compared to 0.4837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.4777

H2 Avg (Jul–Dec) 0.4837

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0087 NPR (High: 0.4794 / Low: 0.4707). On the other end, July was the most stable month, with a tight range of 0.0018 NPR (High: 0.4814 / Low: 0.4796).

January Spread (Volatile) ±0.0087

July Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4886) against the same month in 2023 (average: 0.4727), the exchange rate shifted by +0.0159 (+3.37%).

2024 Avg (December) 0.4886

2023 Avg (December) 0.4727

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4794	0.4707	0.4750
February	0.4799	0.4741	0.4760
March	0.4804	0.4735	0.4765
April	0.4809	0.4778	0.4796
May	0.4821	0.4777	0.4793
June	0.4808	0.4771	0.4796
July	0.4814	0.4796	0.4804
August	0.4823	0.4799	0.4817
September	0.4827	0.4806	0.4819
October	0.4848	0.4828	0.4841
November	0.4872	0.4838	0.4855
December	0.4918	0.4865	0.4886