YEARLY HIGH
10.1404 KRW
YEARLY LOW
9.2414 KRW
YEARLY AVERAGE
9.6858 KRW

2021 NPR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 10.1404. Conversely, the yearly low was recorded on January 2, dropping to 9.2414.

This high-to-low spread represents a total annual volatility of 0.8990 KRW. From a start-to-finish perspective, comparing the January average rate of 9.4020 to the December average rate of 9.8271, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.1404 was down 4.45% compared to the 2020 peak of 10.6126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,702 KRW
2020 Average 49,765 KRW
Yearly Trough Low 46,207 KRW
Transaction Impact: A difference of 4,495.24 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.0270
9.3451
JanuMarcMayJulySeptNove

NPR to KRW 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 9.5351, compared to 9.8365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3014 points.

H1 Avg (Jan–Jun) 9.5351
H2 Avg (Jul–Dec) 9.8365

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.4338 KRW (High: 9.8073 / Low: 9.3735). On the other end, June was the most stable month, with a tight range of 0.1672 KRW (High: 9.6592 / Low: 9.4920).

March Spread (Volatile) ±0.4338
June Spread (Stable) ±0.1672

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.3083 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 9.9599) against the same month in 2020 (average: 9.3864), the exchange rate shifted by +0.5735 (+6.11%).

2021 Avg (November) 9.9599
2020 Avg (November) 9.3864

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.6009 9.2414 9.4020
February 9.7218 9.4829 9.5628
March 9.8073 9.3735 9.7182
April 9.6422 9.2818 9.4099
May 9.7158 9.3836 9.5773
June 9.6592 9.4920 9.5401
July 9.6925 9.4883 9.6080
August 9.9619 9.6282 9.7850
September 10.0744 9.8878 9.9702
October 9.9706 9.7339 9.8685
November 10.1404 9.8260 9.9599
December 10.0011 9.7055 9.8271