YEARLY HIGH
0.0110 CAD
YEARLY LOW
0.0103 CAD
YEARLY AVERAGE
0.0106 CAD

2021 NPR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0110. Conversely, the yearly low was recorded on October 18, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0008 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0109 to the December average rate of 0.0106, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0110 was down 9.57% compared to the 2020 peak of 0.0122, 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 55 CAD
2020 Average 57 CAD
Yearly Trough Low 51 CAD
Transaction Impact: A difference of 3.79 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0110
0.0103
JanuMarcMayJulySeptNove

NPR to CAD 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 0.0106, compared to 0.0106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0106
H2 Avg (Jul–Dec) 0.0106

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0005 CAD (High: 0.0108 / Low: 0.0103). On the other end, May was the most stable month, with a tight range of 0.0001 CAD (High: 0.0104 / Low: 0.0103).

April Spread (Volatile) ±0.0005
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0109) against the same month in 2020 (average: 0.0116), the exchange rate shifted by -0.0007 (-6.01%).

2021 Avg (February) 0.0109
2020 Avg (February) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0110 0.0108 0.0109
February 0.0110 0.0108 0.0109
March 0.0109 0.0107 0.0108
April 0.0108 0.0103 0.0105
May 0.0104 0.0103 0.0104
June 0.0105 0.0103 0.0104
July 0.0107 0.0103 0.0105
August 0.0108 0.0105 0.0106
September 0.0109 0.0107 0.0108
October 0.0107 0.0103 0.0104
November 0.0107 0.0103 0.0106
December 0.0107 0.0105 0.0106