YEARLY HIGH
30.1983 NPR
YEARLY LOW
28.2500 NPR
YEARLY AVERAGE
29.1086 NPR

2024 RON to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 30.1983. Conversely, the yearly low was recorded on November 24, dropping to 28.2500.

This high-to-low spread represents a total annual volatility of 1.9483 NPR. From a start-to-finish perspective, comparing the January average rate of 29.1566 to the December average rate of 28.6049, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.1983 was up 0.29% compared to the 2023 peak of 30.1107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150,992 NPR
2023 Average 144,404 NPR
Yearly Trough Low 141,250 NPR
Transaction Impact: A difference of 9,741.45 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

30.0811
28.4707
JanuMarcMayJulySeptNove

RON 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 28.9333, compared to 29.2838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3505 points.

H1 Avg (Jan–Jun) 28.9333
H2 Avg (Jul–Dec) 29.2838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.3347 NPR (High: 29.5847 / Low: 28.2500). On the other end, September was the most stable month, with a tight range of 0.3902 NPR (High: 30.1149 / Low: 29.7247).

November Spread (Volatile) ±1.3347
September Spread (Stable) ±0.3902

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 October and November, when the average rate fell by 0.6533 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 29.7023) against the same month in 2023 (average: 29.2459), the exchange rate shifted by +0.4564 (+1.56%).

2024 Avg (August) 29.7023
2023 Avg (August) 29.2459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.6289 28.7994 29.1566
February 29.0565 28.5611 28.8164
March 29.2631 28.8299 29.0273
April 29.1119 28.4812 28.7437
May 29.1934 28.7866 28.9821
June 29.2411 28.6570 28.8738
July 29.4107 28.8182 29.1799
August 30.1983 29.0254 29.7023
September 30.1149 29.7247 29.9469
October 29.8176 29.1779 29.4610
November 29.5847 28.2500 28.8078
December 28.8432 28.2908 28.6049