YEARLY HIGH
0.1367 ZAR
YEARLY LOW
0.1149 ZAR
YEARLY AVERAGE
0.1251 ZAR

2021 NPR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.1367. Conversely, the yearly low was recorded on June 6, dropping to 0.1149.

This high-to-low spread represents a total annual volatility of 0.0218 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1292 to the December average rate of 0.1318, the exchange rate registered a net change of 1.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1367 was down 13.97% compared to the 2020 peak of 0.1589, 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 683 ZAR
2020 Average 694 ZAR
Yearly Trough Low 575 ZAR
Transaction Impact: A difference of 108.84 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1331
0.1170
JanuMarcMayJulySeptNove

NPR to ZAR 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 0.1241, compared to 0.1262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1241
H2 Avg (Jul–Dec) 0.1262

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0107 ZAR (High: 0.1367 / Low: 0.1260). On the other end, May was the most stable month, with a tight range of 0.0042 ZAR (High: 0.1225 / Low: 0.1182).

November Spread (Volatile) ±0.0107
May Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.1306) against the same month in 2020 (average: 0.1307), the exchange rate shifted by -0.0000 (-0.03%).

2021 Avg (November) 0.1306
2020 Avg (November) 0.1307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1322 0.1247 0.1292
February 0.1306 0.1244 0.1270
March 0.1329 0.1263 0.1289
April 0.1251 0.1182 0.1213
May 0.1225 0.1182 0.1200
June 0.1214 0.1149 0.1183
July 0.1247 0.1191 0.1218
August 0.1290 0.1206 0.1247
September 0.1278 0.1201 0.1239
October 0.1272 0.1203 0.1242
November 0.1367 0.1260 0.1306
December 0.1344 0.1295 0.1318