YEARLY HIGH
0.9762 NPR
YEARLY LOW
0.8942 NPR
YEARLY AVERAGE
0.9309 NPR

2021 ISK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.9762. Conversely, the yearly low was recorded on February 4, dropping to 0.8942.

This high-to-low spread represents a total annual volatility of 0.0820 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9100 to the December average rate of 0.9265, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9762 was up 2.93% compared to the 2020 peak of 0.9484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,881 NPR
2020 Average 4,385 NPR
Yearly Trough Low 4,471 NPR
Transaction Impact: A difference of 409.97 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9699
0.9007
JanuMarcMayJulySeptNove

ISK 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 0.9315, compared to 0.9304 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0010 points.

H1 Avg (JanтАУJun) 0.9315
H2 Avg (JulтАУDec) 0.9304

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0507 NPR (High: 0.9721 / Low: 0.9214). On the other end, June was the most stable month, with a tight range of 0.0192 NPR (High: 0.9762 / Low: 0.9570).

April Spread (Volatile) ┬▒0.0507
June Spread (Stable) ┬▒0.0192

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0222 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.9641) against the same month in 2020 (average: 0.8930), the exchange rate shifted by +0.0711 (+7.97%).

2021 Avg (June) 0.9641
2020 Avg (June) 0.8930

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Month High Low Average
January 0.9243 0.8971 0.9100
February 0.9229 0.8942 0.9065
March 0.9324 0.9018 0.9135
April 0.9721 0.9214 0.9444
May 0.9636 0.9384 0.9502
June 0.9762 0.9570 0.9641
July 0.9683 0.9428 0.9582
August 0.9622 0.9221 0.9403
September 0.9297 0.9065 0.9181
October 0.9361 0.9148 0.9279
November 0.9274 0.8957 0.9116
December 0.9401 0.9131 0.9265