YEARLY HIGH
0.8261 NPR
YEARLY LOW
0.7622 NPR
YEARLY AVERAGE
0.7849 NPR

2021 JMD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8261. Conversely, the yearly low was recorded on November 24, dropping to 0.7622.

This high-to-low spread represents a total annual volatility of 0.0639 NPR. From a start-to-finish perspective, comparing the January average rate of 0.8114 to the December average rate of 0.7807, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8261 was down 9.21% compared to the 2020 peak of 0.9099, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,130 NPR
2020 Average 4,178 NPR
Yearly Trough Low 3,811 NPR
Transaction Impact: A difference of 319.67 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8159
0.7617
JanuMarcMayJulySeptNove

JMD 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 0.7894, compared to 0.7804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.7894
H2 Avg (Jul–Dec) 0.7804

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0435 NPR (High: 0.8151 / Low: 0.7716). On the other end, May was the most stable month, with a tight range of 0.0102 NPR (High: 0.7816 / Low: 0.7714).

April Spread (Volatile) ±0.0435
May Spread (Stable) ±0.0102

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 January and February, when the average rate fell by 0.0350 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.8114) against the same month in 2020 (average: 0.8473), the exchange rate shifted by -0.0359 (-4.24%).

2021 Avg (January) 0.8114
2020 Avg (January) 0.8473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8261 0.7960 0.8114
February 0.7945 0.7638 0.7764
March 0.8096 0.7706 0.7890
April 0.8151 0.7716 0.7953
May 0.7816 0.7714 0.7773
June 0.7932 0.7795 0.7869
July 0.8014 0.7654 0.7797
August 0.7798 0.7647 0.7708
September 0.8049 0.7713 0.7876
October 0.8160 0.7755 0.7971
November 0.7753 0.7622 0.7662
December 0.7927 0.7704 0.7807