YEARLY HIGH
16.3473 NPR
YEARLY LOW
15.1380 NPR
YEARLY AVERAGE
15.8904 NPR

2024 SBD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 16.3473. Conversely, the yearly low was recorded on March 12, dropping to 15.1380.

This high-to-low spread represents a total annual volatility of 1.2094 NPR. From a start-to-finish perspective, comparing the January average rate of 15.7895 to the December average rate of 16.2171, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.3473 was up 1.31% compared to the 2023 peak of 16.1365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,737 NPR
2023 Average 79,129 NPR
Yearly Trough Low 75,690 NPR
Transaction Impact: A difference of 6,046.88 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.2705
15.6299
JanuMarcMayJulySeptNove

SBD 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 15.7354, compared to 16.0455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3100 points.

H1 Avg (Jan–Jun) 15.7354
H2 Avg (Jul–Dec) 16.0455

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.6636 NPR (High: 15.8016 / Low: 15.1380). On the other end, June was the most stable month, with a tight range of 0.1547 NPR (High: 15.8535 / Low: 15.6987).

March Spread (Volatile) ±0.6636
June Spread (Stable) ±0.1547

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.0779 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16.2171) against the same month in 2023 (average: 15.7629), the exchange rate shifted by +0.4542 (+2.88%).

2024 Avg (December) 16.2171
2023 Avg (December) 15.7629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.9697 15.7107 15.7895
February 15.8848 15.5980 15.7117
March 15.8016 15.1380 15.6833
April 15.8257 15.5861 15.7279
May 15.8283 15.6467 15.7185
June 15.8535 15.6987 15.7817
July 15.9437 15.7805 15.8246
August 15.9767 15.6373 15.8170
September 16.1434 15.8462 16.0798
October 16.2840 16.1011 16.1936
November 16.2751 16.0265 16.1406
December 16.3473 16.1261 16.2171