YEARLY HIGH
0.5485 NPR
YEARLY LOW
0.5264 NPR
YEARLY AVERAGE
0.5348 NPR

2024 YER to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.5485. Conversely, the yearly low was recorded on March 7, dropping to 0.5264.

This high-to-low spread represents a total annual volatility of 0.0221 NPR. From a start-to-finish perspective, comparing the January average rate of 0.5311 to the December average rate of 0.5434, 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 0.5485 was up 2.60% compared to the 2023 peak of 0.5346, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,743 NPR
2023 Average 2,638 NPR
Yearly Trough Low 2,632 NPR
Transaction Impact: A difference of 110.46 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5447
0.5290
JanuMarcMayJulySeptNove

YER 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 0.5318, compared to 0.5377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.5318
H2 Avg (Jul–Dec) 0.5377

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0091 NPR (High: 0.5485 / Low: 0.5395). On the other end, July was the most stable month, with a tight range of 0.0031 NPR (High: 0.5354 / Low: 0.5323).

December Spread (Volatile) ±0.0091
July Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5434) against the same month in 2023 (average: 0.5328), the exchange rate shifted by +0.0106 (+2.00%).

2024 Avg (December) 0.5434
2023 Avg (December) 0.5328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5372 0.5290 0.5311
February 0.5346 0.5288 0.5306
March 0.5331 0.5264 0.5303
April 0.5341 0.5309 0.5326
May 0.5363 0.5306 0.5330
June 0.5366 0.5309 0.5334
July 0.5354 0.5323 0.5341
August 0.5374 0.5303 0.5357
September 0.5376 0.5335 0.5357
October 0.5386 0.5353 0.5374
November 0.5434 0.5369 0.5400
December 0.5485 0.5395 0.5434