YEARLY HIGH
0.0542 NPR
YEARLY LOW
0.0104 NPR
YEARLY AVERAGE
0.0520 NPR

2024 SYP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0542. Conversely, the yearly low was recorded on December 22, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0438 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0529 to the December average rate of 0.0386, the exchange rate registered a net change of -27.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0542 was up 1.78% compared to the 2023 peak of 0.0532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 271 NPR
2023 Average 263 NPR
Yearly Trough Low 52 NPR
Transaction Impact: A difference of 218.88 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0552
0.0370
JanuMarcMayJulySeptNove

SYP 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 0.0530, compared to 0.0510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0530
H2 Avg (Jul–Dec) 0.0510

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0438 NPR (High: 0.0542 / Low: 0.0104). On the other end, July was the most stable month, with a tight range of 0.0003 NPR (High: 0.0533 / Low: 0.0530).

December Spread (Volatile) ±0.0438
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0152 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0386) against the same month in 2023 (average: 0.0531), the exchange rate shifted by -0.0145 (-27.34%).

2024 Avg (December) 0.0386
2023 Avg (December) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0535 0.0527 0.0529
February 0.0533 0.0527 0.0529
March 0.0531 0.0525 0.0528
April 0.0532 0.0529 0.0531
May 0.0534 0.0528 0.0531
June 0.0535 0.0529 0.0531
July 0.0533 0.0530 0.0532
August 0.0535 0.0528 0.0534
September 0.0536 0.0531 0.0534
October 0.0537 0.0533 0.0535
November 0.0540 0.0535 0.0537
December 0.0542 0.0104 0.0386