YEARLY HIGH
0.8630 ARS
YEARLY LOW
0.7177 ARS
YEARLY AVERAGE
0.8039 ARS

2021 NPR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.8630. Conversely, the yearly low was recorded on January 3, dropping to 0.7177.

This high-to-low spread represents a total annual volatility of 0.1453 ARS. From a start-to-finish perspective, comparing the January average rate of 0.7343 to the December average rate of 0.8450, the exchange rate registered a net change of 15.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8630 was up 19.97% compared to the 2020 peak of 0.7193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,315 ARS
2020 Average 2,977 ARS
Yearly Trough Low 3,588 ARS
Transaction Impact: A difference of 726.66 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8561
0.7233
JanuMarcMayJulySeptNove

NPR to ARS 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 0.7784, compared to 0.8294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 0.7784
H2 Avg (Jul–Dec) 0.8294

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0318 ARS (High: 0.7494 / Low: 0.7177). On the other end, September was the most stable month, with a tight range of 0.0073 ARS (High: 0.8382 / Low: 0.8309).

January Spread (Volatile) ±0.0318
September Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.8450) against the same month in 2020 (average: 0.7009), the exchange rate shifted by +0.1441 (+20.56%).

2021 Avg (December) 0.8450
2020 Avg (December) 0.7009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7494 0.7177 0.7343
February 0.7766 0.7520 0.7627
March 0.7940 0.7659 0.7827
April 0.7893 0.7678 0.7792
May 0.8156 0.7848 0.8028
June 0.8149 0.8022 0.8089
July 0.8134 0.8016 0.8073
August 0.8381 0.8135 0.8192
September 0.8382 0.8309 0.8349
October 0.8322 0.8194 0.8279
November 0.8471 0.8326 0.8423
December 0.8630 0.8337 0.8450