2021 BND to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BND to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BND to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 90.2771. Conversely, the yearly low was recorded on March 28, dropping to 85.9668.
This high-to-low spread represents a total annual volatility of 4.3103 NPR. From a start-to-finish perspective, comparing the January average rate of 88.1677 to the December average rate of 88.4097, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 90.2771 was up 1.67% compared to the 2020 peak of 88.7972, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BND 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: Jan–Jun) was 87.9761, compared to 87.9451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0310 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 3.2696 NPR (High: 90.2771 / Low: 87.0075). On the other end, June was the most stable month, with a tight range of 0.5841 NPR (High: 88.5085 / Low: 87.9244).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.9453 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 89.0526) against the same month in 2020 (average: 85.5303), the exchange rate shifted by +3.5223 (+4.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.8652 | 87.6902 | 88.1677 |
| February | 88.0107 | 87.0694 | 87.5949 |
| March | 88.3061 | 85.9668 | 86.6652 |
| April | 90.2771 | 87.0075 | 89.0526 |
| May | 89.7098 | 87.5272 | 88.1101 |
| June | 88.5085 | 87.9244 | 88.2664 |
| July | 88.6592 | 87.2357 | 87.9928 |
| August | 88.0777 | 86.4635 | 87.5407 |
| September | 87.8756 | 86.8025 | 87.3174 |
| October | 89.3852 | 87.3541 | 88.6777 |
| November | 88.8743 | 86.8970 | 87.7323 |
| December | 89.2704 | 87.7100 | 88.4097 |