2021 NZD to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NZD to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NZD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 86.5371. Conversely, the yearly low was recorded on March 23, dropping to 80.7611.
This high-to-low spread represents a total annual volatility of 5.7760 NPR. From a start-to-finish perspective, comparing the January average rate of 84.0516 to the December average rate of 81.7822, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 86.5371 was up 2.30% compared to the 2020 peak of 84.5918, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NZD to NPR 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 84.0210, compared to 83.1371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8839 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 4.8248 NPR (High: 86.0258 / Low: 81.2010). On the other end, July was the most stable month, with a tight range of 1.1226 NPR (High: 83.8851 / Low: 82.7625).
Growth Streaks & Declines
TrendsBetween August and October, 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 November and December, when the average rate fell by 1.6850 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 84.6875) against the same month in 2020 (average: 73.2049), the exchange rate shifted by +11.4827 (+15.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 85.3127 | 83.1168 | 84.0516 |
| February | 86.1036 | 83.3892 | 84.2540 |
| March | 85.5691 | 80.7611 | 82.9509 |
| April | 86.5371 | 81.9613 | 84.6875 |
| May | 85.5655 | 83.5019 | 84.6391 |
| June | 84.6185 | 82.0185 | 83.5427 |
| July | 83.8851 | 82.7625 | 83.2582 |
| August | 83.8587 | 81.1196 | 82.7463 |
| September | 84.0189 | 81.5558 | 83.0395 |
| October | 86.1988 | 82.2933 | 84.5291 |
| November | 86.0258 | 81.2010 | 83.4672 |
| December | 82.7732 | 81.0452 | 81.7822 |