2021 FKP to NPR Historical Review

YEARLY HIGH

167.1576 NPR

YEARLY LOW

158.4493 NPR

YEARLY AVERAGE

162.5648 NPR

2021 FKP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 167.1576. Conversely, the yearly low was recorded on November 25, dropping to 158.4493.

This high-to-low spread represents a total annual volatility of 8.7083 NPR. From a start-to-finish perspective, comparing the January average rate of 159.5905 to the December average rate of 160.4036, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 167.1576 was up 4.56% compared to the 2020 peak of 159.8683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 835,788 NPR

2020 Average 760,409 NPR

Yearly Trough Low 792,246 NPR

Transaction Impact: A difference of 43,541.45 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

165.4575

159.0571

JanuMarcMayJulySeptNove

FKP 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 162.7390, compared to 162.3907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3483 points.

H1 Avg (Jan–Jun) 162.7390

H2 Avg (Jul–Dec) 162.3907

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 6.5440 NPR (High: 167.1576 / Low: 160.6136). On the other end, May was the most stable month, with a tight range of 2.0752 NPR (High: 165.8506 / Low: 163.7755).

April Spread (Volatile) ±6.5440

May Spread (Stable) ±2.0752

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.8104 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.8104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 164.5228) against the same month in 2020 (average: 151.2038), the exchange rate shifted by +13.3191 (+8.81%).

2021 Avg (April) 164.5228

2020 Avg (April) 151.2038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	160.7309	158.4873	159.5905
February	163.7016	159.2207	161.3294
March	163.8327	158.6201	161.1725
April	167.1576	160.6136	164.5228
May	165.8506	163.7755	164.8946
June	165.9099	163.2147	164.9241
July	165.9202	163.0286	164.5946
August	165.2678	160.4078	163.6241
September	163.1665	159.3731	161.6565
October	165.6515	160.6490	163.9378
November	163.6402	158.4493	160.1274
December	162.0279	158.8965	160.4036