2024 TOP to NPR Historical Review

YEARLY HIGH

57.6709 NPR

YEARLY LOW

55.2981 NPR

YEARLY AVERAGE

56.5011 NPR

2024 TOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 57.6709. Conversely, the yearly low was recorded on April 29, dropping to 55.2981.

This high-to-low spread represents a total annual volatility of 2.3728 NPR. From a start-to-finish perspective, comparing the January average rate of 56.4477 to the December average rate of 56.7491, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 57.6709 was up 0.56% compared to the 2023 peak of 57.3494, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 288,355 NPR

2023 Average 279,588 NPR

Yearly Trough Low 276,490 NPR

Transaction Impact: A difference of 11,864.22 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

57.3190

55.8056

JanuMarcMayJulySeptNove

TOP 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 56.2424, compared to 56.7599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5175 points.

H1 Avg (Jan–Jun) 56.2424

H2 Avg (Jul–Dec) 56.7599

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.7427 NPR (High: 57.4725 / Low: 55.7298). On the other end, September was the most stable month, with a tight range of 0.4816 NPR (High: 57.4638 / Low: 56.9823).

August Spread (Volatile) ±1.7427

September Spread (Stable) ±0.4816

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 0.5028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 56.4477) against the same month in 2023 (average: 56.1993), the exchange rate shifted by +0.2484 (+0.44%).

2024 Avg (January) 56.4477

2023 Avg (January) 56.1993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.6709	56.1051	56.4477
February	56.6245	55.4652	56.0916
March	56.5741	55.7037	56.0586
April	56.2228	55.2981	55.9317
May	56.6416	55.8179	56.3174
June	57.1140	56.2927	56.6070
July	56.7828	56.0786	56.5072
August	57.4725	55.7298	56.7286
September	57.4638	56.9823	57.1929
October	57.5186	56.3538	56.9421
November	56.9594	56.0068	56.4393
December	57.2341	56.4121	56.7491