YEARLY HIGH
17.7144 NPR
YEARLY LOW
16.7110 NPR
YEARLY AVERAGE
17.1190 NPR

2021 BOB to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 17.7144. Conversely, the yearly low was recorded on March 28, dropping to 16.7110.

This high-to-low spread represents a total annual volatility of 1.0034 NPR. From a start-to-finish perspective, comparing the January average rate of 16.9772 to the December average rate of 17.4677, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 17.7144 was down 0.71% compared to the 2020 peak of 17.8411, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,572 NPR
2020 Average 85,851 NPR
Yearly Trough Low 83,555 NPR
Transaction Impact: A difference of 5,016.83 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

17.5313
16.7683
JanuMarcMayJulySeptNove

BOB 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 16.9767, compared to 17.2613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2846 points.

H1 Avg (Jan–Jun) 16.9767
H2 Avg (Jul–Dec) 17.2613

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5764 NPR (High: 17.4954 / Low: 16.9189). On the other end, January was the most stable month, with a tight range of 0.1557 NPR (High: 17.0469 / Low: 16.8912).

April Spread (Volatile) ±0.5764
January Spread (Stable) ±0.1557

Growth Streaks & Declines

Trends

Between February and April, 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 0.2461 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 17.4677) against the same month in 2020 (average: 17.0881), the exchange rate shifted by +0.3796 (+2.22%).

2021 Avg (December) 17.4677
2020 Avg (December) 17.0881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.0469 16.8912 16.9772
February 16.9755 16.7576 16.8319
March 17.0583 16.7110 16.8387
April 17.4954 16.9189 17.2220
May 17.2564 16.7950 16.9759
June 17.2272 16.7127 17.0144
July 17.3481 17.1555 17.2601
August 17.2704 16.9051 17.1836
September 17.1936 16.9204 17.0434
October 17.4768 17.1803 17.3511
November 17.4531 17.1449 17.2621
December 17.7144 17.2361 17.4677