YEARLY HIGH
97.3622 NPR
YEARLY LOW
90.6715 NPR
YEARLY AVERAGE
94.2767 NPR

2021 CAD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 97.3622. Conversely, the yearly low was recorded on February 1, dropping to 90.6715.

This high-to-low spread represents a total annual volatility of 6.6907 NPR. From a start-to-finish perspective, comparing the January average rate of 91.9118 to the December average rate of 94.1615, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 97.3622 was up 5.03% compared to the 2020 peak of 92.7009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 486,811 NPR
2020 Average 441,992 NPR
Yearly Trough Low 453,358 NPR
Transaction Impact: A difference of 33,453.53 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

97.1022
91.0815
JanuMarcMayJulySeptNove

CAD 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 93.9908, compared to 94.5626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5718 points.

H1 Avg (Jan–Jun) 93.9908
H2 Avg (Jul–Dec) 94.5626

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 4.1017 NPR (High: 96.7474 / Low: 92.6457). On the other end, May was the most stable month, with a tight range of 1.1311 NPR (High: 97.0667 / Low: 95.9356).

April Spread (Volatile) ±4.1017
May Spread (Stable) ±1.1311

Growth Streaks & Declines

Trends

Between February and May, 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 1.5744 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5744

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 96.2808) against the same month in 2020 (average: 89.0791), the exchange rate shifted by +7.2017 (+8.08%).

2021 Avg (October) 96.2808
2020 Avg (October) 89.0791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 92.5735 90.7990 91.9118
February 92.4504 90.6715 91.5832
March 93.5523 91.7638 92.5157
April 96.7474 92.6457 95.1133
May 97.0667 95.9356 96.6005
June 97.1544 94.8835 96.2202
July 96.6464 93.7876 95.2384
August 95.3563 92.4460 94.1269
September 93.5950 91.8870 92.8613
October 97.3622 93.7840 96.2808
November 96.8473 93.0876 94.7064
December 95.4750 93.2318 94.1615