YEARLY HIGH
2.3629 NPR
YEARLY LOW
2.2540 NPR
YEARLY AVERAGE
2.2941 NPR

2021 GMD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 2.3629. Conversely, the yearly low was recorded on January 21, dropping to 2.2540.

This high-to-low spread represents a total annual volatility of 0.1089 NPR. From a start-to-finish perspective, comparing the January average rate of 2.2642 to the December average rate of 2.2946, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3629 was down 2.07% compared to the 2020 peak of 2.4128, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,815 NPR
2020 Average 11,512 NPR
Yearly Trough Low 11,270 NPR
Transaction Impact: A difference of 544.51 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3361
2.2546
JanuMarcMayJulySeptNove

GMD 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 2.2845, compared to 2.3037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 2.2845
H2 Avg (Jul–Dec) 2.3037

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0824 NPR (High: 2.3629 / Low: 2.2805). On the other end, July was the most stable month, with a tight range of 0.0171 NPR (High: 2.3401 / Low: 2.3230).

April Spread (Volatile) ±0.0824
July Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between February and April, 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 0.0370 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.3249) against the same month in 2020 (average: 2.3887), the exchange rate shifted by -0.0638 (-2.67%).

2021 Avg (April) 2.3249
2020 Avg (April) 2.3887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2721 2.2540 2.2642
February 2.2832 2.2548 2.2614
March 2.2974 2.2558 2.2672
April 2.3629 2.2805 2.3249
May 2.3288 2.2654 2.2879
June 2.3275 2.2767 2.3015
July 2.3401 2.3230 2.3293
August 2.3293 2.2790 2.3191
September 2.3053 2.2619 2.2876
October 2.3423 2.2952 2.3112
November 2.3046 2.2660 2.2807
December 2.3264 2.2558 2.2946