YEARLY HIGH
17.0282 BIF
YEARLY LOW
16.2084 BIF
YEARLY AVERAGE
16.7077 BIF

2021 NPR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 17.0282. Conversely, the yearly low was recorded on April 13, dropping to 16.2084.

This high-to-low spread represents a total annual volatility of 0.8198 BIF. From a start-to-finish perspective, comparing the January average rate of 16.6417 to the December average rate of 16.5748, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 17.0282 was up 2.21% compared to the 2020 peak of 16.6594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,141 BIF
2020 Average 80,798 BIF
Yearly Trough Low 81,042 BIF
Transaction Impact: A difference of 4,099.01 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.9517
16.3851
JanuMarcMayJulySeptNove

NPR to BIF 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 16.7138, compared to 16.7015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 16.7138
H2 Avg (Jul–Dec) 16.7015

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.5789 BIF (High: 16.7873 / Low: 16.2084). On the other end, July was the most stable month, with a tight range of 0.1285 BIF (High: 16.6862 / Low: 16.5577).

April Spread (Volatile) ±0.5789
July Spread (Stable) ±0.1285

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.3794 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3794

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 16.8109) against the same month in 2020 (average: 15.7359), the exchange rate shifted by +1.0751 (+6.83%).

2021 Avg (May) 16.8109
2020 Avg (May) 15.7359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.8252 16.5292 16.6417
February 16.9002 16.6577 16.7753
March 16.9701 16.5895 16.8117
April 16.7873 16.2084 16.4323
May 17.0282 16.4499 16.8109
June 16.9689 16.6410 16.8109
July 16.6862 16.5577 16.6351
August 17.0032 16.6503 16.7257
September 16.9941 16.7657 16.9045
October 16.8291 16.4839 16.6330
November 16.8349 16.5810 16.7358
December 16.8370 16.3460 16.5748