2021 ETB to NPR Historical Review

YEARLY HIGH

2.9871 NPR

YEARLY LOW

0.5301 NPR

YEARLY AVERAGE

2.7034 NPR

2021 ETB to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.9871. Conversely, the yearly low was recorded on December 27, dropping to 0.5301.

This high-to-low spread represents a total annual volatility of 2.4570 NPR. From a start-to-finish perspective, comparing the January average rate of 2.9679 to the December average rate of 2.4167, the exchange rate registered a net change of -18.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9871 was down 20.29% compared to the 2020 peak of 3.7476, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,935 NPR

2020 Average 17,018 NPR

Yearly Trough Low 2,650 NPR

Transaction Impact: A difference of 12,284.84 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.0230

2.3616

JanuMarcMayJulySeptNove

ETB 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 2.8448, compared to 2.5619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2829 points.

H1 Avg (Jan–Jun) 2.8448

H2 Avg (Jul–Dec) 2.5619

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.9828 NPR (High: 2.5129 / Low: 0.5301). On the other end, September was the most stable month, with a tight range of 0.0384 NPR (High: 2.5687 / Low: 2.5304).

December Spread (Volatile) ±1.9828

September Spread (Stable) ±0.0384

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1082 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.9679) against the same month in 2020 (average: 3.5551), the exchange rate shifted by -0.5872 (-16.52%).

2021 Avg (January) 2.9679

2020 Avg (January) 3.5551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9871	2.9474	2.9679
February	2.9580	2.8683	2.9193
March	2.9236	2.8071	2.8726
April	2.9032	2.8176	2.8558
May	2.8283	2.6659	2.7476
June	2.7312	2.6724	2.7059
July	2.7311	2.6772	2.7038
August	2.6877	2.5553	2.6286
September	2.5687	2.5304	2.5539
October	2.5933	2.5279	2.5614
November	2.5301	2.4709	2.5070
December	2.5129	0.5301	2.4167

2021 ETB నుండి NPR చారిత్రక సమీక్ష