2021 NPR to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NPR to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NPR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 125.1723. Conversely, the yearly low was recorded on October 14, dropping to 116.7898.
This high-to-low spread represents a total annual volatility of 8.3825 IDR. From a start-to-finish perspective, comparing the January average rate of 120.1967 to the December average rate of 118.8522, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 125.1723 was down 10.69% compared to the 2020 peak of 140.1614, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NPR to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 121.8887, compared to 120.2546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6340 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was February, with a trading range of 4.1071 IDR (High: 123.8974 / Low: 119.7903). On the other end, September was the most stable month, with a tight range of 1.4938 IDR (High: 122.1072 / Low: 120.6134).
Growth Streaks & Declines
TrendsBetween 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 2.7335 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 123.7583) against the same month in 2020 (average: 127.5466), the exchange rate shifted by -3.7882 (-2.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 121.1696 | 118.5203 | 120.1967 |
| February | 123.8974 | 119.7903 | 120.8844 |
| March | 125.1723 | 121.1612 | 123.7583 |
| April | 124.6329 | 120.9344 | 122.2917 |
| May | 123.6025 | 120.2569 | 122.2019 |
| June | 123.3794 | 121.2669 | 121.9990 |
| July | 122.9319 | 121.3130 | 121.7468 |
| August | 122.9220 | 120.5929 | 121.2825 |
| September | 122.1072 | 120.6134 | 121.2153 |
| October | 120.6333 | 116.7898 | 118.4819 |
| November | 121.0625 | 119.0820 | 119.9491 |
| December | 120.9689 | 117.3503 | 118.8522 |