YEARLY HIGH
33.5448 NPR
YEARLY LOW
31.6210 NPR
YEARLY AVERAGE
32.4301 NPR

2021 QAR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 33.5448. Conversely, the yearly low was recorded on August 31, dropping to 31.6210.

This high-to-low spread represents a total annual volatility of 1.9238 NPR. From a start-to-finish perspective, comparing the January average rate of 32.1160 to the December average rate of 33.1015, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 33.5448 was down 0.75% compared to the 2020 peak of 33.7981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 167,724 NPR
2020 Average 162,742 NPR
Yearly Trough Low 158,105 NPR
Transaction Impact: A difference of 9,619.03 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

33.2183
31.8175
JanuMarcMayJulySeptNove

QAR 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 32.1888, compared to 32.6714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4826 points.

H1 Avg (Jan–Jun) 32.1888
H2 Avg (Jul–Dec) 32.6714

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 1.1051 NPR (High: 32.7775 / Low: 31.6723). On the other end, January was the most stable month, with a tight range of 0.2990 NPR (High: 32.2652 / Low: 31.9662).

September Spread (Volatile) ±1.1051
January Spread (Stable) ±0.2990

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.4972 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 33.1015) against the same month in 2020 (average: 32.3481), the exchange rate shifted by +0.7534 (+2.33%).

2021 Avg (December) 33.1015
2020 Avg (December) 32.3481

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.2652 31.9662 32.1160
February 32.1402 31.7726 31.9372
March 32.3383 31.7123 31.9342
April 33.1305 32.0765 32.6640
May 32.7159 31.7490 32.1668
June 32.6659 31.9906 32.3148
July 32.8427 32.1418 32.6740
August 32.7032 31.6210 32.4262
September 32.7775 31.6723 32.2291
October 33.1645 32.5745 32.8921
November 33.0041 32.4311 32.7055
December 33.5448 32.6817 33.1015