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2021 BGN to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BGN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 74.0723. Conversely, the yearly low was recorded on November 24, dropping to 68.1477.
This high-to-low spread represents a total annual volatility of 5.9246 NPR. From a start-to-finish perspective, comparing the January average rate of 72.7973 to the December average rate of 69.6335, the exchange rate registered a net change of -4.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 74.0723 was down 0.01% compared to the 2020 peak of 74.0766, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
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BGN to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 72.2202, compared to 70.7343 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 1.4860 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 3.6033 NPR (High: 74.0723 / Low: 70.4690). On the other end, July was the most stable month, with a tight range of 0.7849 NPR (High: 72.4056 / Low: 71.6207).
Growth Streaks & Declines
TrendsBetween March and May, 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 1.5529 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 72.7018) against the same month in 2020 (average: 67.6892), the exchange rate shifted by +5.0126 (+7.41%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 73.7484 | 72.0387 | 72.7973 |
| February | 72.4946 | 71.3459 | 71.9216 |
| March | 72.5014 | 69.8900 | 70.7401 |
| April | 74.0723 | 70.4690 | 72.7018 |
| May | 73.2801 | 72.2862 | 72.7353 |
| June | 73.0437 | 71.6511 | 72.4251 |
| July | 72.4056 | 71.6207 | 72.0387 |
| August | 72.2260 | 70.4295 | 71.3710 |
| September | 71.2730 | 70.2958 | 70.8557 |
| October | 71.5222 | 70.3178 | 71.0297 |
| November | 71.0923 | 68.1477 | 69.4768 |
| December | 70.5233 | 68.9114 | 69.6335 |