YEARLY HIGH
29.2072 NPR
YEARLY LOW
27.7828 NPR
YEARLY AVERAGE
28.5236 NPR

2021 MYR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 29.2072. Conversely, the yearly low was recorded on August 24, dropping to 27.7828.

This high-to-low spread represents a total annual volatility of 1.4243 NPR. From a start-to-finish perspective, comparing the January average rate of 28.9639 to the December average rate of 28.6155, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 29.2072 was down 0.26% compared to the 2020 peak of 29.2822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 584,143 NPR
2020 Average 564,280 NPR
Yearly Trough Low 555,657 NPR
Transaction Impact: A difference of 28,486.10 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

29.0493
28.0245
JanuMarcMayJulySeptNove

MYR 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 28.6152, compared to 28.4320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1832 points.

H1 Avg (Jan–Jun) 28.6152
H2 Avg (Jul–Dec) 28.4320

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 1.0721 NPR (High: 28.9956 / Low: 27.9235). On the other end, September was the most stable month, with a tight range of 0.3017 NPR (High: 28.4025 / Low: 28.1009).

March Spread (Volatile) ±1.0721
September Spread (Stable) ±0.3017

Growth Streaks & Declines

Trends

Between August and October, 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 0.4448 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 28.9639) against the same month in 2020 (average: 27.9469), the exchange rate shifted by +1.0170 (+3.64%).

2021 Avg (January) 28.9639
2020 Avg (January) 27.9469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.2072 28.7700 28.9639
February 28.8597 28.5377 28.7293
March 28.9956 27.9235 28.2940
April 29.1920 28.2893 28.8374
May 29.0852 28.0454 28.3925
June 28.6767 28.2165 28.4739
July 28.6854 28.0603 28.3577
August 28.2902 27.7828 28.1099
September 28.4025 28.1009 28.2412
October 28.9935 28.3301 28.7732
November 28.8671 28.0888 28.4944
December 28.8739 28.3558 28.6155