YEARLY HIGH
0.0565 CNY
YEARLY LOW
0.0521 CNY
YEARLY AVERAGE
0.0546 CNY

2021 NPR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.0565. Conversely, the yearly low was recorded on December 15, dropping to 0.0521.

This high-to-low spread represents a total annual volatility of 0.0044 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0554 to the December average rate of 0.0529, the exchange rate registered a net change of -4.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0565 was down 8.20% compared to the 2020 peak of 0.0616, 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 283 CNY
2020 Average 291 CNY
Yearly Trough Low 261 CNY
Transaction Impact: A difference of 21.87 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0563
0.0525
JanuMarcMayJulySeptNove

NPR to CNY 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 0.0552, compared to 0.0540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0552
H2 Avg (Jul–Dec) 0.0540

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0020 CNY (High: 0.0561 / Low: 0.0541). On the other end, July was the most stable month, with a tight range of 0.0005 CNY (High: 0.0547 / Low: 0.0542).

April Spread (Volatile) ±0.0020
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, 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: 0.0560) against the same month in 2020 (average: 0.0591), the exchange rate shifted by -0.0031 (-5.25%).

2021 Avg (March) 0.0560
2020 Avg (March) 0.0591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0557 0.0550 0.0554
February 0.0560 0.0552 0.0556
March 0.0565 0.0550 0.0560
April 0.0561 0.0541 0.0549
May 0.0553 0.0544 0.0549
June 0.0549 0.0543 0.0546
July 0.0547 0.0542 0.0544
August 0.0554 0.0543 0.0546
September 0.0553 0.0543 0.0549
October 0.0544 0.0532 0.0536
November 0.0540 0.0530 0.0536
December 0.0535 0.0521 0.0529