2021 MKD to NPR Historical Review

YEARLY HIGH

2.3501 NPR

YEARLY LOW

2.1628 NPR

YEARLY AVERAGE

2.2694 NPR

2021 MKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 2.3501. Conversely, the yearly low was recorded on November 24, dropping to 2.1628.

This high-to-low spread represents a total annual volatility of 0.1873 NPR. From a start-to-finish perspective, comparing the January average rate of 2.3101 to the December average rate of 2.2118, the exchange rate registered a net change of -4.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3501 was down 0.08% compared to the 2020 peak of 2.3520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,750 NPR

2020 Average 10,977 NPR

Yearly Trough Low 10,814 NPR

Transaction Impact: A difference of 936.52 NPR purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

2.3206

2.1947

JanuMarcMayJulySeptNove

MKD 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 2.2928, compared to 2.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0468 points.

H1 Avg (Jan–Jun) 2.2928

H2 Avg (Jul–Dec) 2.2460

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1116 NPR (High: 2.3501 / Low: 2.2385). On the other end, July was the most stable month, with a tight range of 0.0263 NPR (High: 2.2994 / Low: 2.2732).

April Spread (Volatile) ±0.1116

July Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

Between 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 0.0508 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.3085) against the same month in 2020 (average: 2.1469), the exchange rate shifted by +0.1615 (+7.52%).

2021 Avg (April) 2.3085

2020 Avg (April) 2.1469

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	2.3414	2.2875	2.3101
February	2.2999	2.2622	2.2816
March	2.3013	2.2131	2.2452
April	2.3501	2.2385	2.3085
May	2.3401	2.2960	2.3098
June	2.3185	2.2866	2.3017
July	2.2994	2.2732	2.2874
August	2.2999	2.2362	2.2653
September	2.2620	2.2315	2.2502
October	2.2709	2.2282	2.2560
November	2.2561	2.1628	2.2052
December	2.2388	2.1852	2.2118

2021 MKD থেকে NPR-এর ঐতিহাসিক পর্যালোচনা