YEARLY HIGH
0.9708 CAD
YEARLY LOW
0.9033 CAD
YEARLY AVERAGE
0.9333 CAD

2021 BND to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.9708. Conversely, the yearly low was recorded on May 17, dropping to 0.9033.

This high-to-low spread represents a total annual volatility of 0.0675 CAD. From a start-to-finish perspective, comparing the January average rate of 0.9593 to the December average rate of 0.9389, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9708 was down 4.06% compared to the 2020 peak of 1.0119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,854 CAD
2020 Average 4,862 CAD
Yearly Trough Low 4,517 CAD
Transaction Impact: A difference of 337.28 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9640
0.9074
JanuMarcMayJulySeptNove

BND to CAD 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 0.9364, compared to 0.9301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.9364
H2 Avg (Jul–Dec) 0.9301

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0329 CAD (High: 0.9524 / Low: 0.9195). On the other end, October was the most stable month, with a tight range of 0.0148 CAD (High: 0.9314 / Low: 0.9167).

March Spread (Volatile) ±0.0329
October Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0242 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.9593) against the same month in 2020 (average: 0.9682), the exchange rate shifted by -0.0089 (-0.92%).

2021 Avg (January) 0.9593
2020 Avg (January) 0.9682

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9708 0.9523 0.9593
February 0.9666 0.9480 0.9565
March 0.9524 0.9195 0.9368
April 0.9480 0.9257 0.9363
May 0.9257 0.9033 0.9121
June 0.9290 0.9089 0.9174
July 0.9378 0.9156 0.9240
August 0.9425 0.9197 0.9301
September 0.9494 0.9316 0.9403
October 0.9314 0.9167 0.9211
November 0.9342 0.9177 0.9264
December 0.9474 0.9250 0.9389