2021 BND to CAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |