YEARLY HIGH
0.0887 NPR
YEARLY LOW
0.0609 NPR
YEARLY AVERAGE
0.0742 NPR

2021 MMK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0887. Conversely, the yearly low was recorded on October 7, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0279 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0879 to the December average rate of 0.0677, the exchange rate registered a net change of -23.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0887 was down 4.37% compared to the 2020 peak of 0.0928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 444 NPR
2020 Average 431 NPR
Yearly Trough Low 304 NPR
Transaction Impact: A difference of 139.32 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0904
0.0610
JanuMarcMayJulySeptNove

MMK 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 0.0802, compared to 0.0682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.0802
H2 Avg (Jul–Dec) 0.0682

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0095 NPR (High: 0.0856 / Low: 0.0761). On the other end, July was the most stable month, with a tight range of 0.0006 NPR (High: 0.0728 / Low: 0.0722).

April Spread (Volatile) ±0.0095
July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between October and December, 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 0.0094 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0879) against the same month in 2020 (average: 0.0776), the exchange rate shifted by +0.0103 (+13.27%).

2021 Avg (January) 0.0879
2020 Avg (January) 0.0776

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0887 0.0874 0.0879
February 0.0878 0.0821 0.0830
March 0.0835 0.0820 0.0825
April 0.0856 0.0761 0.0828
May 0.0765 0.0705 0.0734
June 0.0723 0.0708 0.0715
July 0.0728 0.0722 0.0724
August 0.0723 0.0709 0.0721
September 0.0715 0.0630 0.0667
October 0.0668 0.0609 0.0635
November 0.0673 0.0647 0.0666
December 0.0686 0.0669 0.0677