YEARLY HIGH
33.3471 NPR
YEARLY LOW
28.4700 NPR
YEARLY AVERAGE
30.5136 NPR

2021 PEN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 33.3471. Conversely, the yearly low was recorded on September 5, dropping to 28.4700.

This high-to-low spread represents a total annual volatility of 4.8772 NPR. From a start-to-finish perspective, comparing the January average rate of 32.2495 to the December average rate of 29.8066, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 33.3471 was down 7.91% compared to the 2020 peak of 36.2128, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166,736 NPR
2020 Average 169,661 NPR
Yearly Trough Low 142,350 NPR
Transaction Impact: A difference of 24,385.95 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

32.6107
28.2761
JanuMarcMayJulySeptNove

PEN 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 31.4859, compared to 29.5414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9445 points.

H1 Avg (Jan–Jun) 31.4859
H2 Avg (Jul–Dec) 29.5414

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.1804 NPR (High: 33.3471 / Low: 31.1667). On the other end, September was the most stable month, with a tight range of 0.2749 NPR (High: 28.7449 / Low: 28.4700).

April Spread (Volatile) ±2.1804
September Spread (Stable) ±0.2749

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.1734 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 32.2344) against the same month in 2020 (average: 35.8225), the exchange rate shifted by -3.5881 (-10.02%).

2021 Avg (April) 32.2344
2020 Avg (April) 35.8225

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.5190 31.9016 32.2495
February 32.0805 31.6854 31.8964
March 32.1632 31.0309 31.3745
April 33.3471 31.1667 32.2344
May 32.1672 30.1425 31.0813
June 30.5187 29.7167 30.0794
July 30.8169 29.8581 30.2605
August 30.2967 28.5861 29.0872
September 28.7449 28.4700 28.6373
October 30.7048 28.6587 29.8207
November 29.9961 29.4739 29.6359
December 30.1711 29.4456 29.8066