YEARLY HIGH
12.7574 NPR
YEARLY LOW
12.0807 NPR
YEARLY AVERAGE
12.4137 NPR

2024 TJS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 12.7574. Conversely, the yearly low was recorded on March 10, dropping to 12.0807.

This high-to-low spread represents a total annual volatility of 0.6767 NPR. From a start-to-finish perspective, comparing the January average rate of 12.1713 to the December average rate of 12.4524, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.7574 was down 3.63% compared to the 2023 peak of 13.2384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,787 NPR
2023 Average 61,151 NPR
Yearly Trough Low 60,404 NPR
Transaction Impact: A difference of 3,383.46 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.7007
12.0806
JanuMarcMayJulySeptNove

TJS 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 12.2381, compared to 12.5892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3511 points.

H1 Avg (Jan–Jun) 12.2381
H2 Avg (Jul–Dec) 12.5892

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2971 NPR (High: 12.7131 / Low: 12.4160). On the other end, October was the most stable month, with a tight range of 0.0741 NPR (High: 12.6668 / Low: 12.5927).

November Spread (Volatile) ±0.2971
October Spread (Stable) ±0.0741

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 0.1966 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1966

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.6440) against the same month in 2023 (average: 12.0723), the exchange rate shifted by +0.5717 (+4.74%).

2024 Avg (August) 12.6440
2023 Avg (August) 12.0723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.2796 12.1299 12.1713
February 12.2229 12.0881 12.1346
March 12.2388 12.0807 12.1323
April 12.2343 12.1455 12.1972
May 12.4528 12.2223 12.2978
June 12.6187 12.3851 12.4954
July 12.6599 12.4814 12.5694
August 12.7574 12.5713 12.6440
September 12.6301 12.5545 12.5961
October 12.6668 12.5927 12.6243
November 12.7131 12.4160 12.6490
December 12.5672 12.4016 12.4524