YEARLY HIGH
90.3070 NPR
YEARLY LOW
85.7959 NPR
YEARLY AVERAGE
87.9497 NPR

2021 SGD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 90.3070. Conversely, the yearly low was recorded on March 23, dropping to 85.7959.

This high-to-low spread represents a total annual volatility of 4.5111 NPR. From a start-to-finish perspective, comparing the January average rate of 88.2103 to the December average rate of 88.4006, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 90.3070 was up 1.67% compared to the 2020 peak of 88.8263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 451,535 NPR
2020 Average 429,664 NPR
Yearly Trough Low 428,979 NPR
Transaction Impact: A difference of 22,555.40 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

89.3112
86.3696
JanuMarcMayJulySeptNove

SGD 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 87.9701, compared to 87.9293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0408 points.

H1 Avg (Jan–Jun) 87.9701
H2 Avg (Jul–Dec) 87.9293

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.2427 NPR (High: 90.3070 / Low: 87.0643). On the other end, June was the most stable month, with a tight range of 0.7013 NPR (High: 88.4944 / Low: 87.7931).

April Spread (Volatile) ±3.2427
June Spread (Stable) ±0.7013

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 February and March, when the average rate fell by 0.9610 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.9610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 89.0661) against the same month in 2020 (average: 85.5706), the exchange rate shifted by +3.4955 (+4.08%).

2021 Avg (April) 89.0661
2020 Avg (April) 85.5706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.0417 87.4796 88.2103
February 88.0338 86.8405 87.5758
March 88.5959 85.7959 86.6148
April 90.3070 87.0643 89.0661
May 89.5427 87.4515 88.1266
June 88.4944 87.7931 88.2270
July 88.5030 87.4167 87.9404
August 88.0639 86.5401 87.5474
September 87.8651 86.9519 87.2930
October 89.2911 87.4080 88.6527
November 88.8746 86.8332 87.7415
December 89.4196 87.4881 88.4006