2021 CAD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CAD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1641.4683. Conversely, the yearly low was recorded on February 1, dropping to 1511.2966.
This high-to-low spread represents a total annual volatility of 130.1717 BIF. From a start-to-finish perspective, comparing the January average rate of 1529.5492 to the December average rate of 1560.6609, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1641.4683 was up 7.36% compared to the 2020 peak of 1528.9548, 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 BIF 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 1570.9193, compared to 1579.2327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.3134 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 54.2859 BIF (High: 1607.1943 / Low: 1552.9084). On the other end, January was the most stable month, with a tight range of 24.8278 BIF (High: 1541.1189 / Low: 1516.2911).
Growth Streaks & Declines
TrendsBetween January and May, 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 June and July, when the average rate fell by 33.2594 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 1617.5632) against the same month in 2020 (average: 1406.9722), the exchange rate shifted by +210.5910 (+14.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1541.1189 | 1516.2911 | 1529.5492 |
| February | 1558.6074 | 1511.2966 | 1536.3463 |
| March | 1575.5134 | 1538.8896 | 1555.3303 |
| April | 1596.9866 | 1544.3370 | 1562.8025 |
| May | 1639.1680 | 1587.7719 | 1623.9246 |
| June | 1641.4683 | 1590.2308 | 1617.5632 |
| July | 1607.1943 | 1552.9084 | 1584.3038 |
| August | 1589.4933 | 1544.6155 | 1574.3040 |
| September | 1584.4652 | 1552.8147 | 1569.7689 |
| October | 1617.5359 | 1576.5792 | 1601.3777 |
| November | 1609.2951 | 1559.7127 | 1584.9810 |
| December | 1584.9848 | 1544.6323 | 1560.6609 |