YEARLY HIGH
0.3160 NPR
YEARLY LOW
0.2807 NPR
YEARLY AVERAGE
0.2932 NPR

2021 NGN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.3160. Conversely, the yearly low was recorded on May 30, dropping to 0.2807.

This high-to-low spread represents a total annual volatility of 0.0353 NPR. From a start-to-finish perspective, comparing the January average rate of 0.3017 to the December average rate of 0.2931, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3160 was down 5.78% compared to the 2020 peak of 0.3354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 316,043 NPR
2020 Average 311,720 NPR
Yearly Trough Low 280,729 NPR
Transaction Impact: A difference of 35,313.96 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3065
0.2840
JanuMarcMayJulySeptNove

NGN 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 0.2968, compared to 0.2897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.2968
H2 Avg (Jul–Dec) 0.2897

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0300 NPR (High: 0.3108 / Low: 0.2807). On the other end, July was the most stable month, with a tight range of 0.0024 NPR (High: 0.2911 / Low: 0.2887).

May Spread (Volatile) ±0.0300
July Spread (Stable) ±0.0024

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 April and May, when the average rate fell by 0.0145 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.3046) against the same month in 2020 (average: 0.3166), the exchange rate shifted by -0.0120 (-3.78%).

2021 Avg (April) 0.3046
2020 Avg (April) 0.3166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3066 0.2959 0.3017
February 0.3068 0.2818 0.2984
March 0.3091 0.2823 0.2999
April 0.3160 0.2866 0.3046
May 0.3108 0.2807 0.2901
June 0.2898 0.2823 0.2862
July 0.2911 0.2887 0.2897
August 0.2894 0.2836 0.2882
September 0.2887 0.2837 0.2858
October 0.2937 0.2883 0.2914
November 0.2932 0.2872 0.2898
December 0.2963 0.2889 0.2931