YEARLY HIGH
167.1576 NPR
YEARLY LOW
158.4493 NPR
YEARLY AVERAGE
162.5648 NPR

2021 SHP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 167.1576. Conversely, the yearly low was recorded on November 25, dropping to 158.4493.

This high-to-low spread represents a total annual volatility of 8.7083 NPR. From a start-to-finish perspective, comparing the January average rate of 159.5905 to the December average rate of 160.4036, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 167.1576 was up 4.56% compared to the 2020 peak of 159.8683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 835,788 NPR
2020 Average 760,409 NPR
Yearly Trough Low 792,246 NPR
Transaction Impact: A difference of 43,541.45 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

165.4575
159.0571
JanuMarcMayJulySeptNove

SHP 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 162.7390, compared to 162.3907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3483 points.

H1 Avg (Jan–Jun) 162.7390
H2 Avg (Jul–Dec) 162.3907

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 6.5440 NPR (High: 167.1576 / Low: 160.6136). On the other end, May was the most stable month, with a tight range of 2.0752 NPR (High: 165.8506 / Low: 163.7755).

April Spread (Volatile) ±6.5440
May Spread (Stable) ±2.0752

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 3.8104 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.8104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 164.5228) against the same month in 2020 (average: 151.2038), the exchange rate shifted by +13.3191 (+8.81%).

2021 Avg (April) 164.5228
2020 Avg (April) 151.2038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 160.7309 158.4873 159.5905
February 163.7016 159.2207 161.3294
March 163.8327 158.6201 161.1725
April 167.1576 160.6136 164.5228
May 165.8506 163.7755 164.8946
June 165.9099 163.2147 164.9241
July 165.9202 163.0286 164.5946
August 165.2678 160.4078 163.6241
September 163.1665 159.3731 161.6565
October 165.6515 160.6490 163.9378
November 163.6402 158.4493 160.1274
December 162.0279 158.8965 160.4036