YEARLY HIGH
20.8740 NPR
YEARLY LOW
19.2799 NPR
YEARLY AVERAGE
19.9601 NPR

2021 GHS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 20.8740. Conversely, the yearly low was recorded on September 5, dropping to 19.2799.

This high-to-low spread represents a total annual volatility of 1.5942 NPR. From a start-to-finish perspective, comparing the January average rate of 19.9851 to the December average rate of 19.6211, the exchange rate registered a net change of -1.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 20.8740 was down 3.64% compared to the 2020 peak of 21.6633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,370 NPR
2020 Average 103,364 NPR
Yearly Trough Low 96,399 NPR
Transaction Impact: A difference of 7,970.77 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20.6948
19.3397
JanuMarcMayJulySeptNove

GHS 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: JanтАУJun) was 20.2382, compared to 19.6819 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.5563 points.

H1 Avg (JanтАУJun) 20.2382
H2 Avg (JulтАУDec) 19.6819

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.6624 NPR (High: 20.8740 / Low: 20.2116). On the other end, January was the most stable month, with a tight range of 0.2088 NPR (High: 20.1092 / Low: 19.9005).

April Spread (Volatile) ┬▒0.6624
January Spread (Stable) ┬▒0.2088

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.3700 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 20.5819) against the same month in 2020 (average: 21.0921), the exchange rate shifted by -0.5102 (-2.42%).

2021 Avg (April) 20.5819
2020 Avg (April) 21.0921

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Month High Low Average
January 20.1092 19.9005 19.9851
February 20.3557 19.9883 20.0670
March 20.5088 20.1080 20.2506
April 20.8740 20.2116 20.5819
May 20.5909 20.0307 20.2916
June 20.4611 20.0339 20.2531
July 20.3222 19.8663 20.0773
August 19.9540 19.3107 19.7073
September 19.7185 19.2799 19.5005
October 19.9084 19.6040 19.7325
November 19.7174 19.3607 19.4526
December 19.9500 19.2880 19.6211