YEARLY HIGH
0.5983 GIP
YEARLY LOW
0.5623 GIP
YEARLY AVERAGE
0.5799 GIP

2021 CAD to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.5983. Conversely, the yearly low was recorded on February 23, dropping to 0.5623.

This high-to-low spread represents a total annual volatility of 0.0360 GIP. From a start-to-finish perspective, comparing the January average rate of 0.5759 to the December average rate of 0.5870, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5983 was down 0.30% compared to the 2020 peak of 0.6001, 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 2,992 GIP
2020 Average 2,907 GIP
Yearly Trough Low 2,812 GIP
Transaction Impact: A difference of 180.05 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5938
0.5653
JanuMarcMayJulySeptNove

CAD to GIP 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 0.5775, compared to 0.5824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.5775
H2 Avg (Jul–Dec) 0.5824

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0200 GIP (High: 0.5888 / Low: 0.5689). On the other end, June was the most stable month, with a tight range of 0.0055 GIP (High: 0.5861 / Low: 0.5806).

April Spread (Volatile) ±0.0200
June Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5870) against the same month in 2020 (average: 0.5806), the exchange rate shifted by +0.0064 (+1.11%).

2021 Avg (December) 0.5870
2020 Avg (December) 0.5806

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5812 0.5679 0.5759
February 0.5730 0.5623 0.5677
March 0.5808 0.5667 0.5740
April 0.5888 0.5689 0.5781
May 0.5920 0.5828 0.5858
June 0.5861 0.5806 0.5834
July 0.5874 0.5721 0.5786
August 0.5783 0.5718 0.5753
September 0.5853 0.5695 0.5745
October 0.5912 0.5832 0.5873
November 0.5971 0.5859 0.5914
December 0.5983 0.5796 0.5870