2024 PLN to NPR Historical Review

YEARLY HIGH

35.2858 NPR

YEARLY LOW

28.9695 NPR

YEARLY AVERAGE

33.6242 NPR

2024 PLN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 35.2858. Conversely, the yearly low was recorded on January 1, dropping to 28.9695.

This high-to-low spread represents a total annual volatility of 6.3164 NPR. From a start-to-finish perspective, comparing the January average rate of 33.0990 to the December average rate of 33.3310, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.2858 was up 2.92% compared to the 2023 peak of 34.2832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 705,717 NPR

2023 Average 630,145 NPR

Yearly Trough Low 579,389 NPR

Transaction Impact: A difference of 126,327.48 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.0087

32.9253

JanuMarcMayJulySeptNove

PLN 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 33.3174, compared to 33.9310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6136 points.

H1 Avg (Jan–Jun) 33.3174

H2 Avg (Jul–Dec) 33.9310

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 4.7037 NPR (High: 33.6731 / Low: 28.9695). On the other end, March was the most stable month, with a tight range of 0.6490 NPR (High: 33.8416 / Low: 33.1927).

January Spread (Volatile) ±4.7037

March Spread (Stable) ±0.6490

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.8773 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 34.4630) against the same month in 2023 (average: 32.4211), the exchange rate shifted by +2.0419 (+6.30%).

2024 Avg (August) 34.4630

2023 Avg (August) 32.4211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.6731	28.9695	33.0990
February	33.4326	32.7595	33.1488
March	33.8416	33.1927	33.5038
April	33.8942	32.5208	33.2246
May	34.0847	33.0634	33.6711
June	33.9313	32.5905	33.2572
July	34.2390	33.2210	33.8976
August	35.2858	33.5652	34.4630
September	35.2173	34.4701	34.8351
October	34.5722	33.3926	33.9578
November	33.7916	32.4284	33.1016
December	33.6578	32.9784	33.3310