YEARLY HIGH
0.0193 NPR
YEARLY LOW
0.0168 NPR
YEARLY AVERAGE
0.0174 NPR

2021 PYG to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PYG to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0193. Conversely, the yearly low was recorded on January 31, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0026 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0169 to the December average rate of 0.0177, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0193 was up 1.76% compared to the 2020 peak of 0.0190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 97 NPR
2020 Average 88 NPR
Yearly Trough Low 84 NPR
Transaction Impact: A difference of 12.84 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0188
0.0168
JanuMarcMayJulySeptNove

PYG to NPR 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 0.0176, compared to 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0012 NPR (High: 0.0183 / Low: 0.0171). On the other end, October was the most stable month, with a tight range of 0.0003 NPR (High: 0.0175 / Low: 0.0172).

May Spread (Volatile) ±0.0012
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0186) against the same month in 2020 (average: 0.0187), the exchange rate shifted by -0.0001 (-0.64%).

2021 Avg (April) 0.0186
2020 Avg (April) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0171 0.0168 0.0169
February 0.0177 0.0168 0.0173
March 0.0183 0.0174 0.0177
April 0.0193 0.0182 0.0186
May 0.0183 0.0171 0.0175
June 0.0176 0.0172 0.0174
July 0.0177 0.0172 0.0174
August 0.0172 0.0169 0.0171
September 0.0172 0.0169 0.0171
October 0.0175 0.0172 0.0173
November 0.0176 0.0172 0.0174
December 0.0180 0.0173 0.0177