YEARLY HIGH
7.9002 NPR
YEARLY LOW
7.4771 NPR
YEARLY AVERAGE
7.6579 NPR

2021 MVR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 7.9002. Conversely, the yearly low was recorded on March 23, dropping to 7.4771.

This high-to-low spread represents a total annual volatility of 0.4230 NPR. From a start-to-finish perspective, comparing the January average rate of 7.5937 to the December average rate of 7.8065, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.9002 was down 1.13% compared to the 2020 peak of 7.9903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,501 NPR
2020 Average 38,411 NPR
Yearly Trough Low 37,386 NPR
Transaction Impact: A difference of 2,115.19 NPR purely based on transaction execution date.

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7.8338
7.5063
JanuMarcMayJulySeptNove

MVR 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 7.5983, compared to 7.7174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1191 points.

H1 Avg (Jan–Jun) 7.5983
H2 Avg (Jul–Dec) 7.7174

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2376 NPR (High: 7.7976 / Low: 7.5599). On the other end, January was the most stable month, with a tight range of 0.0713 NPR (High: 7.6290 / Low: 7.5577).

April Spread (Volatile) Âą0.2376
January Spread (Stable) Âą0.0713

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0969 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 7.8065) against the same month in 2020 (average: 7.6430), the exchange rate shifted by +0.1635 (+2.14%).

2021 Avg (December) 7.8065
2020 Avg (December) 7.6430

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Month High Low Average
January 7.6290 7.5577 7.5937
February 7.5948 7.5100 7.5478
March 7.6377 7.4771 7.5336
April 7.7976 7.5599 7.6954
May 7.7249 7.5043 7.5984
June 7.7476 7.5310 7.6207
July 7.7649 7.6907 7.7311
August 7.7151 7.5495 7.6760
September 7.6843 7.5601 7.6216
October 7.8414 7.6766 7.7563
November 7.7935 7.6620 7.7131
December 7.9002 7.7269 7.8065