2021 NPR to STD Historical Review

YEARLY HIGH

179.2564 STD

YEARLY LOW

171.5474 STD

YEARLY AVERAGE

175.3532 STD

2021 NPR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 179.2564. Conversely, the yearly low was recorded on June 17, dropping to 171.5474.

This high-to-low spread represents a total annual volatility of 7.7090 STD. From a start-to-finish perspective, comparing the January average rate of 174.8735 to the December average rate of 176.0338, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 179.2564 was down 7.37% compared to the 2020 peak of 193.5290, 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 896,282 STD

2020 Average 908,066 STD

Yearly Trough Low 857,737 STD

Transaction Impact: A difference of 38,544.75 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

177.4382

172.5748

JanuMarcMayJulySeptNove

NPR to STD 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 175.4507, compared to 175.2557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1949 points.

H1 Avg (Jan–Jun) 175.4507

H2 Avg (Jul–Dec) 175.2557

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 6.3492 STD (High: 179.2564 / Low: 172.9071). On the other end, July was the most stable month, with a tight range of 2.2869 STD (High: 174.2030 / Low: 171.9161).

March Spread (Volatile) ±6.3492

July Spread (Stable) ±2.2869

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 May and June, when the average rate fell by 2.6850 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.6850

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 176.7236) against the same month in 2020 (average: 185.8999), the exchange rate shifted by -9.1763 (-4.94%).

2021 Avg (March) 176.7236

2020 Avg (March) 185.8999

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	175.8448	173.5529	174.8735
February	175.9238	173.5063	175.2635
March	179.2564	172.9071	176.7236
April	177.8570	171.6952	174.4625
May	178.8572	174.0960	177.0330
June	177.7302	171.5474	174.3480
July	174.2030	171.9161	172.9801
August	177.8810	173.5086	174.8215
September	177.6286	174.3911	176.2480
October	177.3225	173.4464	174.8163
November	178.4519	174.8676	176.6346
December	177.8825	173.7760	176.0338