YEARLY HIGH
14.5615 NPR
YEARLY LOW
13.0735 NPR
YEARLY AVERAGE
13.7502 NPR

2021 NOK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 14.5615. Conversely, the yearly low was recorded on December 4, dropping to 13.0735.

This high-to-low spread represents a total annual volatility of 1.4880 NPR. From a start-to-finish perspective, comparing the January average rate of 13.7272 to the December average rate of 13.4347, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 14.5615 was up 6.00% compared to the 2020 peak of 13.7376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,808 NPR
2020 Average 63,102 NPR
Yearly Trough Low 65,368 NPR
Transaction Impact: A difference of 7,439.89 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

14.2426
13.3195
JanuMarcMayJulySeptNove

NOK 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 13.8772, compared to 13.6233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2538 points.

H1 Avg (Jan–Jun) 13.8772
H2 Avg (Jul–Dec) 13.6233

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.1077 NPR (High: 14.2285 / Low: 13.1208). On the other end, September was the most stable month, with a tight range of 0.3189 NPR (High: 13.7634 / Low: 13.4445).

November Spread (Volatile) ±1.1077
September Spread (Stable) ±0.3189

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.5553 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 14.1657) against the same month in 2020 (average: 11.6914), the exchange rate shifted by +2.4743 (+21.16%).

2021 Avg (April) 14.1657
2020 Avg (April) 11.6914

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.9482 13.4288 13.7272
February 13.8418 13.3627 13.6694
March 13.8427 13.3431 13.6412
April 14.5615 13.7320 14.1657
May 14.3180 13.8622 14.1014
June 14.1313 13.6351 13.9580
July 13.8910 13.2810 13.5818
August 13.6000 13.1523 13.3964
September 13.7634 13.4445 13.5815
October 14.3991 13.7400 14.1505
November 14.2285 13.1208 13.5952
December 13.6300 13.0735 13.4347