YEARLY HIGH
13.2798 NPR
YEARLY LOW
12.1237 NPR
YEARLY AVERAGE
12.6630 NPR

2024 SEK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 13.2798. Conversely, the yearly low was recorded on April 30, dropping to 12.1237.

This high-to-low spread represents a total annual volatility of 1.1560 NPR. From a start-to-finish perspective, comparing the January average rate of 12.8522 to the December average rate of 12.3595, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.2798 was down 1.00% compared to the 2023 peak of 13.4135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,399 NPR
2023 Average 62,272 NPR
Yearly Trough Low 60,619 NPR
Transaction Impact: A difference of 5,780.19 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.1996
12.2445
JanuMarcMayJulySeptNove

SEK 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 12.6260, compared to 12.6999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0739 points.

H1 Avg (Jan–Jun) 12.6260
H2 Avg (Jul–Dec) 12.6999

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.7501 NPR (High: 13.2237 / Low: 12.4736). On the other end, December was the most stable month, with a tight range of 0.2882 NPR (High: 12.4933 / Low: 12.2051).

August Spread (Volatile) ±0.7501
December Spread (Stable) ±0.2882

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.4457 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 13.1200) against the same month in 2023 (average: 11.9739), the exchange rate shifted by +1.1461 (+9.57%).

2024 Avg (September) 13.1200
2023 Avg (September) 11.9739

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2484 12.6790 12.8522
February 12.8965 12.5403 12.7273
March 12.9463 12.4640 12.7358
April 12.6032 12.1237 12.3241
May 12.6780 12.2483 12.4094
June 12.8643 12.5423 12.7072
July 12.9045 12.3652 12.5765
August 13.2237 12.4736 12.9054
September 13.2798 12.9227 13.1200
October 13.0866 12.6079 12.8419
November 12.6962 12.2105 12.3962
December 12.4933 12.2051 12.3595