YEARLY HIGH
0.0598 BOB
YEARLY LOW
0.0565 BOB
YEARLY AVERAGE
0.0584 BOB

2021 NPR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0598. Conversely, the yearly low was recorded on December 15, dropping to 0.0565.

This high-to-low spread represents a total annual volatility of 0.0034 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0589 to the December average rate of 0.0573, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0598 was down 2.11% compared to the 2020 peak of 0.0611, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 299 BOB
2020 Average 291 BOB
Yearly Trough Low 282 BOB
Transaction Impact: A difference of 16.95 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0596
0.0570
JanuMarcMayJulySeptNove

NPR to BOB 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 0.0589, compared to 0.0579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0589
H2 Avg (Jul–Dec) 0.0579

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0019 BOB (High: 0.0591 / Low: 0.0572). On the other end, January was the most stable month, with a tight range of 0.0005 BOB (High: 0.0592 / Low: 0.0587).

April Spread (Volatile) ±0.0019
January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0594) against the same month in 2020 (average: 0.0579), the exchange rate shifted by +0.0015 (+2.52%).

2021 Avg (March) 0.0594
2020 Avg (March) 0.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0592 0.0587 0.0589
February 0.0597 0.0589 0.0594
March 0.0598 0.0586 0.0594
April 0.0591 0.0572 0.0581
May 0.0595 0.0579 0.0589
June 0.0598 0.0580 0.0588
July 0.0583 0.0576 0.0579
August 0.0592 0.0579 0.0582
September 0.0591 0.0582 0.0587
October 0.0582 0.0572 0.0576
November 0.0583 0.0573 0.0579
December 0.0580 0.0565 0.0573