YEARLY HIGH
15.1957 NPR
YEARLY LOW
14.4444 NPR
YEARLY AVERAGE
14.7614 NPR

2021 MOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 15.1957. Conversely, the yearly low was recorded on March 23, dropping to 14.4444.

This high-to-low spread represents a total annual volatility of 0.7513 NPR. From a start-to-finish perspective, comparing the January average rate of 14.6421 to the December average rate of 15.0018, the exchange rate registered a net change of 2.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.1957 was down 1.39% compared to the 2020 peak of 15.4101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,979 NPR
2020 Average 74,183 NPR
Yearly Trough Low 72,222 NPR
Transaction Impact: A difference of 3,756.58 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.0476
14.4983
JanuMarcMayJulySeptNove

MOP 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 14.6627, compared to 14.8600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1973 points.

H1 Avg (Jan–Jun) 14.6627
H2 Avg (Jul–Dec) 14.8600

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.4955 NPR (High: 15.0657 / Low: 14.5702). On the other end, July was the most stable month, with a tight range of 0.1289 NPR (High: 14.9682 / Low: 14.8393).

April Spread (Volatile) ±0.4955
July Spread (Stable) ±0.1289

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 0.2136 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 15.0018) against the same month in 2020 (average: 14.7526), the exchange rate shifted by +0.2493 (+1.69%).

2021 Avg (December) 15.0018
2020 Avg (December) 14.7526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7161 14.5744 14.6421
February 14.6510 14.4872 14.5597
March 14.7207 14.4444 14.5440
April 15.0657 14.5702 14.8610
May 14.8987 14.5059 14.6474
June 14.8719 14.5784 14.7220
July 14.9682 14.8393 14.8911
August 14.8589 14.5651 14.7945
September 14.8016 14.5920 14.6793
October 15.0681 14.7933 14.9509
November 14.9618 14.7536 14.8425
December 15.1957 14.8109 15.0018