YEARLY HIGH
8.6416 NPR
YEARLY LOW
7.4279 NPR
YEARLY AVERAGE
8.0093 NPR

2021 SZL to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 8.6416. Conversely, the yearly low was recorded on November 29, dropping to 7.4279.

This high-to-low spread represents a total annual volatility of 1.2137 NPR. From a start-to-finish perspective, comparing the January average rate of 7.7505 to the December average rate of 7.5924, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.6416 was up 5.92% compared to the 2020 peak of 8.1588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43,208 NPR
2020 Average 36,182 NPR
Yearly Trough Low 37,140 NPR
Transaction Impact: A difference of 6,068.25 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.5857
7.5021
JanuMarcMayJulySeptNove

SZL 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 8.0738, compared to 7.9449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1289 points.

H1 Avg (Jan–Jun) 8.0738
H2 Avg (Jul–Dec) 7.9449

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.5113 NPR (High: 8.3353 / Low: 7.8240). On the other end, May was the most stable month, with a tight range of 0.2661 NPR (High: 8.4327 / Low: 8.1666).

September Spread (Volatile) ±0.5113
May Spread (Stable) ±0.2661

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3694 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 8.4954) against the same month in 2020 (average: 7.0767), the exchange rate shifted by +1.4187 (+20.05%).

2021 Avg (June) 8.4954
2020 Avg (June) 7.0767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.0081 7.5887 7.7505
February 8.0431 7.7317 7.8728
March 7.8897 7.5246 7.7621
April 8.4104 7.9762 8.2346
May 8.4327 8.1666 8.3273
June 8.6416 8.3167 8.4954
July 8.3911 8.0050 8.2259
August 8.2622 7.7719 8.0120
September 8.3353 7.8240 8.0934
October 8.2658 7.8390 8.0575
November 7.9008 7.4279 7.6881
December 7.7252 7.4568 7.5924