2021 CAD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CAD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CAD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 91.8673. Conversely, the yearly low was recorded on February 1, dropping to 60.0804.
This high-to-low spread represents a total annual volatility of 31.7869 AFN. From a start-to-finish perspective, comparing the January average rate of 60.7514 to the December average rate of 79.6139, the exchange rate registered a net change of 31.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 91.8673 was up 51.29% compared to the 2020 peak of 60.7227, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
CAD to AFN 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 62.3189, compared to 70.6830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.3641 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 17.1331 AFN (High: 91.8673 / Low: 74.7342). On the other end, January was the most stable month, with a tight range of 1.0809 AFN (High: 61.3853 / Low: 60.3044).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3798 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 79.6139) against the same month in 2020 (average: 60.1718), the exchange rate shifted by +19.4421 (+32.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.3853 | 60.3044 | 60.7514 |
| February | 62.1110 | 60.0804 | 60.8979 |
| March | 62.5171 | 61.1070 | 61.6185 |
| April | 63.3035 | 61.4225 | 62.1577 |
| May | 65.2320 | 63.1368 | 64.1577 |
| June | 65.1551 | 62.9834 | 64.3302 |
| July | 65.7603 | 62.2297 | 63.9503 |
| August | 68.4096 | 63.4393 | 65.9660 |
| September | 70.4658 | 66.7229 | 68.4346 |
| October | 73.4907 | 70.6520 | 72.4087 |
| November | 75.5225 | 72.5619 | 73.7242 |
| December | 91.8673 | 74.7342 | 79.6139 |