YEARLY HIGH
0.7049 EUR
YEARLY LOW
0.6385 EUR
YEARLY AVERAGE
0.6745 EUR

2021 CAD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.7049. Conversely, the yearly low was recorded on January 4, dropping to 0.6385.

This high-to-low spread represents a total annual volatility of 0.0664 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6458 to the December average rate of 0.6910, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7049 was up 0.75% compared to the 2020 peak of 0.6997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,525 EUR
2020 Average 3,269 EUR
Yearly Trough Low 3,193 EUR
Transaction Impact: A difference of 331.94 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7023
0.6406
JanuMarcMayJulySeptNove

CAD to EUR 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 0.6654, compared to 0.6837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.6654
H2 Avg (Jul–Dec) 0.6837

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0238 EUR (High: 0.6786 / Low: 0.6548). On the other end, June was the most stable month, with a tight range of 0.0054 EUR (High: 0.6816 / Low: 0.6763).

March Spread (Volatile) ±0.0238
June Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0062 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.6972) against the same month in 2020 (average: 0.6455), the exchange rate shifted by +0.0517 (+8.02%).

2021 Avg (November) 0.6972
2020 Avg (November) 0.6455

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6536 0.6385 0.6458
February 0.6567 0.6449 0.6512
March 0.6786 0.6548 0.6685
April 0.6769 0.6589 0.6687
May 0.6831 0.6753 0.6789
June 0.6816 0.6763 0.6793
July 0.6843 0.6651 0.6759
August 0.6813 0.6665 0.6742
September 0.6811 0.6655 0.6706
October 0.6988 0.6820 0.6931
November 0.7049 0.6906 0.6972
December 0.7014 0.6855 0.6910