2021 NPR to JPY Historical Review

YEARLY HIGH

0.9701 JPY

YEARLY LOW

0.8753 JPY

YEARLY AVERAGE

0.9291 JPY

2021 NPR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.9701. Conversely, the yearly low was recorded on January 5, dropping to 0.8753.

This high-to-low spread represents a total annual volatility of 0.0948 JPY. From a start-to-finish perspective, comparing the January average rate of 0.8873 to the December average rate of 0.9446, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9701 was down 0.77% compared to the 2020 peak of 0.9776, 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 4,850 JPY

2020 Average 4,506 JPY

Yearly Trough Low 4,377 JPY

Transaction Impact: A difference of 473.79 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9640

0.8803

JanuMarcMayJulySeptNove

NPR to JPY 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 0.9192, compared to 0.9391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.9192

H2 Avg (Jul–Dec) 0.9391

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0453 JPY (High: 0.9448 / Low: 0.8995). On the other end, June was the most stable month, with a tight range of 0.0153 JPY (High: 0.9451 / Low: 0.9298).

April Spread (Volatile) ±0.0453

June Spread (Stable) ±0.0153

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.0181 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.9570) against the same month in 2020 (average: 0.8780), the exchange rate shifted by +0.0791 (+9.00%).

2021 Avg (November) 0.9570

2020 Avg (November) 0.8780

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8987	0.8753	0.8873
February	0.9213	0.8964	0.9068
March	0.9482	0.9084	0.9356
April	0.9448	0.8995	0.9175
May	0.9480	0.9175	0.9321
June	0.9451	0.9298	0.9358
July	0.9387	0.9160	0.9256
August	0.9436	0.9179	0.9261
September	0.9431	0.9268	0.9364
October	0.9552	0.9295	0.9446
November	0.9701	0.9429	0.9570
December	0.9673	0.9346	0.9446