2021 BWP to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BWP to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BWP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 11.1148. Conversely, the yearly low was recorded on December 31, dropping to 10.1184.
This high-to-low spread represents a total annual volatility of 0.9964 NPR. From a start-to-finish perspective, comparing the January average rate of 10.6609 to the December average rate of 10.2789, the exchange rate registered a net change of -3.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 11.1148 was up 1.51% compared to the 2020 peak of 10.9494, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BWP 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 10.7766, compared to 10.5564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2202 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 0.5048 NPR (High: 11.1148 / Low: 10.6101). On the other end, June was the most stable month, with a tight range of 0.1639 NPR (High: 11.0597 / Low: 10.8958).
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 0.3402 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 10.9176) against the same month in 2020 (average: 10.0132), the exchange rate shifted by +0.9044 (+9.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8754 | 10.5486 | 10.6609 |
| February | 10.7765 | 10.5953 | 10.6739 |
| March | 10.6619 | 10.4130 | 10.5244 |
| April | 11.1148 | 10.6101 | 10.9176 |
| May | 11.0190 | 10.8127 | 10.9010 |
| June | 11.0597 | 10.8958 | 10.9817 |
| July | 10.9827 | 10.6827 | 10.8303 |
| August | 10.8559 | 10.4193 | 10.6482 |
| September | 10.7725 | 10.4403 | 10.6248 |
| October | 10.7656 | 10.4925 | 10.6482 |
| November | 10.4708 | 10.1308 | 10.3080 |
| December | 10.3594 | 10.1184 | 10.2789 |