YEARLY HIGH
5.0281 NPR
YEARLY LOW
4.6937 NPR
YEARLY AVERAGE
4.9025 NPR

2021 HNL to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 5.0281. Conversely, the yearly low was recorded on January 6, dropping to 4.6937.

This high-to-low spread represents a total annual volatility of 0.3344 NPR. From a start-to-finish perspective, comparing the January average rate of 4.8250 to the December average rate of 4.9635, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.0281 was up 1.79% compared to the 2020 peak of 4.9396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,141 NPR
2020 Average 23,957 NPR
Yearly Trough Low 23,468 NPR
Transaction Impact: A difference of 1,672.21 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.0095
4.7777
JanuMarcMayJulySeptNove

HNL 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 4.8531, compared to 4.9519 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0987 points.

H1 Avg (JanтАУJun) 4.8531
H2 Avg (JulтАУDec) 4.9519

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1706 NPR (High: 4.8643 / Low: 4.6937). On the other end, July was the most stable month, with a tight range of 0.0689 NPR (High: 5.0267 / Low: 4.9578).

January Spread (Volatile) ┬▒0.1706
July Spread (Stable) ┬▒0.0689

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.1051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4.9635) against the same month in 2020 (average: 4.8591), the exchange rate shifted by +0.1043 (+2.15%).

2021 Avg (December) 4.9635
2020 Avg (December) 4.8591

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Month High Low Average
January 4.8643 4.6937 4.8250
February 4.8591 4.7575 4.7970
March 4.8769 4.7716 4.8039
April 5.0040 4.8559 4.9368
May 4.9338 4.8148 4.8623
June 4.9714 4.8356 4.8938
July 5.0267 4.9578 4.9902
August 5.0168 4.8891 4.9869
September 4.9209 4.8499 4.8818
October 5.0063 4.9050 4.9586
November 4.9736 4.8970 4.9302
December 5.0281 4.8736 4.9635