2021 NPR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NPR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NPR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 21.1603. Conversely, the yearly low was recorded on March 1, dropping to 4.3600.
This high-to-low spread represents a total annual volatility of 16.8003 SYP. From a start-to-finish perspective, comparing the January average rate of 4.3842 to the December average rate of 20.8464, the exchange rate registered a net change of 375.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 21.1603 was up 364.61% compared to the 2020 peak of 4.5544, 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 SYP 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 7.8438, compared to 12.9930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1492 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 10.6700 SYP (High: 21.1603 / Low: 10.4903). On the other end, January was the most stable month, with a tight range of 0.0430 SYP (High: 4.4061 / Low: 4.3631).
Growth Streaks & Declines
TrendsBetween January and May, 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 0.1937 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 14.7668) against the same month in 2020 (average: 4.3167), the exchange rate shifted by +10.4500 (+242.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.4061 | 4.3631 | 4.3842 |
| February | 4.4339 | 4.3816 | 4.4098 |
| March | 10.8620 | 4.3600 | 6.2688 |
| April | 10.7597 | 10.4248 | 10.5769 |
| May | 10.8485 | 10.5575 | 10.7364 |
| June | 10.7973 | 10.5758 | 10.6867 |
| July | 10.5824 | 10.5153 | 10.5562 |
| August | 10.7820 | 10.5586 | 10.6029 |
| September | 10.7663 | 10.5920 | 10.6897 |
| October | 10.6024 | 10.4129 | 10.4960 |
| November | 21.1603 | 10.4903 | 14.7668 |
| December | 21.1145 | 20.5712 | 20.8464 |