2021 HKD to NPR Historical Review

YEARLY HIGH

15.6526 NPR

YEARLY LOW

14.8730 NPR

YEARLY AVERAGE

15.2043 NPR

2021 HKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 15.6526. Conversely, the yearly low was recorded on March 23, dropping to 14.8730.

This high-to-low spread represents a total annual volatility of 0.7796 NPR. From a start-to-finish perspective, comparing the January average rate of 15.0879 to the December average rate of 15.4542, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.6526 was down 1.42% compared to the 2020 peak of 15.8774, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 391,314 NPR

2020 Average 381,996 NPR

Yearly Trough Low 371,825 NPR

Transaction Impact: A difference of 19,489.11 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.5018

14.9304

JanuMarcMayJulySeptNove

HKD 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 15.1031, compared to 15.3055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2024 points.

H1 Avg (Jan–Jun) 15.1031

H2 Avg (Jul–Dec) 15.3055

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5052 NPR (High: 15.5188 / Low: 15.0135). On the other end, July was the most stable month, with a tight range of 0.1004 NPR (High: 15.3875 / Low: 15.2871).

April Spread (Volatile) ±0.5052

July Spread (Stable) ±0.1004

Growth Streaks & Declines

Trends

Between May and July, 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 0.2191 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 15.4542) against the same month in 2020 (average: 15.1960), the exchange rate shifted by +0.2582 (+1.70%).

2021 Avg (December) 15.4542

2020 Avg (December) 15.1960

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.1536	15.0143	15.0879
February	15.0853	14.9173	14.9979
March	15.1655	14.8730	14.9780
April	15.5188	15.0135	15.3045
May	15.3364	14.9368	15.0854
June	15.3143	15.0111	15.1647
July	15.3875	15.2871	15.3332
August	15.3112	14.9957	15.2386
September	15.2475	15.0295	15.1206
October	15.5187	15.2339	15.3974
November	15.4108	15.1957	15.2891
December	15.6526	15.2633	15.4542