YEARLY HIGH
0.0184 NPR
YEARLY LOW
0.0168 NPR
YEARLY AVERAGE
0.0177 NPR

2024 PYG to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0184. Conversely, the yearly low was recorded on October 27, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0016 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0183 to the December average rate of 0.0174, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0184 was down 0.23% compared to the 2023 peak of 0.0185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92 NPR
2023 Average 91 NPR
Yearly Trough Low 84 NPR
Transaction Impact: A difference of 8.21 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0184
0.0170
JanuMarcMayJulySeptNove

PYG 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 0.0180, compared to 0.0174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0180
H2 Avg (Jul–Dec) 0.0174

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0004 NPR (High: 0.0172 / Low: 0.0168). On the other end, July was the most stable month, with a tight range of 0.0001 NPR (High: 0.0177 / Low: 0.0177).

October Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0183) against the same month in 2023 (average: 0.0177), the exchange rate shifted by +0.0005 (+2.87%).

2024 Avg (January) 0.0183
2023 Avg (January) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0184 0.0182 0.0183
February 0.0183 0.0182 0.0182
March 0.0183 0.0180 0.0182
April 0.0181 0.0179 0.0180
May 0.0179 0.0177 0.0178
June 0.0178 0.0177 0.0177
July 0.0177 0.0177 0.0177
August 0.0178 0.0175 0.0177
September 0.0175 0.0171 0.0173
October 0.0172 0.0168 0.0171
November 0.0174 0.0170 0.0173
December 0.0176 0.0173 0.0174