2024 QAR to NPR Historical Review

YEARLY HIGH

37.5697 NPR

YEARLY LOW

36.2193 NPR

YEARLY AVERAGE

36.7409 NPR

2024 QAR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 37.5697. Conversely, the yearly low was recorded on March 7, dropping to 36.2193.

This high-to-low spread represents a total annual volatility of 1.3504 NPR. From a start-to-finish perspective, comparing the January average rate of 36.4952 to the December average rate of 37.3028, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 37.5697 was up 1.99% compared to the 2023 peak of 36.8377, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187,849 NPR

2023 Average 181,258 NPR

Yearly Trough Low 181,097 NPR

Transaction Impact: A difference of 6,752.11 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

37.3880

36.3652

JanuMarcMayJulySeptNove

QAR 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 36.5449, compared to 36.9369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3920 points.

H1 Avg (Jan–Jun) 36.5449

H2 Avg (Jul–Dec) 36.9369

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.5757 NPR (High: 36.9294 / Low: 36.3536). On the other end, October was the most stable month, with a tight range of 0.1689 NPR (High: 36.9688 / Low: 36.8000).

January Spread (Volatile) ±0.5757

October Spread (Stable) ±0.1689

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.0447 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 37.3028) against the same month in 2023 (average: 36.5781), the exchange rate shifted by +0.7247 (+1.98%).

2024 Avg (December) 37.3028

2023 Avg (December) 36.5781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.9294	36.3536	36.4952
February	36.6833	36.3453	36.4505
March	36.7448	36.2193	36.4579
April	36.7184	36.4982	36.6096
May	36.8619	36.4465	36.6090
June	36.7919	36.3504	36.6473
July	36.8035	36.6163	36.6940
August	37.1142	36.5771	36.8581
September	36.9278	36.6804	36.8147
October	36.9688	36.8000	36.9061
November	37.1997	36.8754	37.0458
December	37.5697	37.1140	37.3028