2021 BND to NAD Historical Review

YEARLY HIGH

11.8667 NAD

YEARLY LOW

10.1569 NAD

YEARLY AVERAGE

11.0059 NAD

2021 BND to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 11.8667. Conversely, the yearly low was recorded on June 6, dropping to 10.1569.

This high-to-low spread represents a total annual volatility of 1.7098 NAD. From a start-to-finish perspective, comparing the January average rate of 11.3671 to the December average rate of 11.6669, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.8667 was down 11.53% compared to the 2020 peak of 13.4126, 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 59,333 NAD

2020 Average 59,699 NAD

Yearly Trough Low 50,784 NAD

Transaction Impact: A difference of 8,548.97 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.7957

10.2508

JanuMarcMayJulySeptNove

BND to NAD 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 10.9020, compared to 11.1098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2078 points.

H1 Avg (Jan–Jun) 10.9020

H2 Avg (Jul–Dec) 11.1098

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.1983 NAD (High: 11.8667 / Low: 10.6684). On the other end, April was the most stable month, with a tight range of 0.3195 NAD (High: 10.9765 / Low: 10.6570).

November Spread (Volatile) ±1.1983

April Spread (Stable) ±0.3195

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3240 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 11.3938) against the same month in 2020 (average: 11.5369), the exchange rate shifted by -0.1431 (-1.24%).

2021 Avg (November) 11.3938

2020 Avg (November) 11.5369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6451	11.0616	11.3671
February	11.3202	10.9288	11.0980
March	11.5375	10.9271	11.1636
April	10.9765	10.6570	10.8396
May	10.8556	10.4041	10.5642
June	10.6670	10.1569	10.3795
July	10.9686	10.5545	10.7362
August	11.2502	10.5456	10.8471
September	11.1422	10.6355	11.0031
October	11.2320	10.7251	11.0119
November	11.8667	10.6684	11.3938
December	11.8480	11.4387	11.6669