2021 NPR to TOP Historical Review

YEARLY HIGH

0.0198 TOP

YEARLY LOW

0.0186 TOP

YEARLY AVERAGE

0.0192 TOP

2021 NPR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0198. Conversely, the yearly low was recorded on October 31, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0012 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0195 to the December average rate of 0.0190, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0198 was down 2.54% compared to the 2020 peak of 0.0204, 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 99 TOP

2020 Average 97 TOP

Yearly Trough Low 93 TOP

Transaction Impact: A difference of 6.05 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0198

0.0187

JanuMarcMayJulySeptNove

NPR to TOP 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 0.0194, compared to 0.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0194

H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0007 TOP (High: 0.0196 / Low: 0.0189). On the other end, July was the most stable month, with a tight range of 0.0002 TOP (High: 0.0190 / Low: 0.0189).

April Spread (Volatile) ±0.0007

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0197) against the same month in 2020 (average: 0.0203), the exchange rate shifted by -0.0005 (-2.57%).

2021 Avg (February) 0.0197

2020 Avg (February) 0.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0197	0.0193	0.0195
February	0.0198	0.0194	0.0197
March	0.0198	0.0194	0.0196
April	0.0196	0.0189	0.0191
May	0.0194	0.0190	0.0192
June	0.0192	0.0189	0.0190
July	0.0190	0.0189	0.0190
August	0.0194	0.0189	0.0191
September	0.0193	0.0191	0.0191
October	0.0191	0.0186	0.0188
November	0.0191	0.0187	0.0190
December	0.0191	0.0188	0.0190