2021 ARS to NPR Historical Review

YEARLY HIGH

1.3934 NPR

YEARLY LOW

1.1588 NPR

YEARLY AVERAGE

1.2460 NPR

2021 ARS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.3934. Conversely, the yearly low was recorded on December 31, dropping to 1.1588.

This high-to-low spread represents a total annual volatility of 0.2347 NPR. From a start-to-finish perspective, comparing the January average rate of 1.3620 to the December average rate of 1.1835, the exchange rate registered a net change of -13.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3934 was down 27.59% compared to the 2020 peak of 1.9243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,967 NPR

2020 Average 8,477 NPR

Yearly Trough Low 5,794 NPR

Transaction Impact: A difference of 1,173.31 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3798

1.1656

JanuMarcMayJulySeptNove

ARS 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 1.2861, compared to 1.2060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0801 points.

H1 Avg (Jan–Jun) 1.2861

H2 Avg (Jul–Dec) 1.2060

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0591 NPR (High: 1.3934 / Low: 1.3343). On the other end, September was the most stable month, with a tight range of 0.0105 NPR (High: 1.2034 / Low: 1.1930).

January Spread (Volatile) ±0.0591

September Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0508 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.3620) against the same month in 2020 (average: 1.9020), the exchange rate shifted by -0.5400 (-28.39%).

2021 Avg (January) 1.3620

2020 Avg (January) 1.9020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3934	1.3343	1.3620
February	1.3298	1.2877	1.3112
March	1.3057	1.2595	1.2777
April	1.3024	1.2669	1.2834
May	1.2743	1.2261	1.2458
June	1.2465	1.2271	1.2363
July	1.2475	1.2294	1.2386
August	1.2292	1.1932	1.2208
September	1.2034	1.1930	1.1978
October	1.2204	1.2016	1.2080
November	1.2011	1.1805	1.1873
December	1.1995	1.1588	1.1835