2021 CAD to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CAD to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CAD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 29.2717. Conversely, the yearly low was recorded on February 1, dropping to 27.1516.
This high-to-low spread represents a total annual volatility of 2.1201 NIO. From a start-to-finish perspective, comparing the January average rate of 27.4609 to the December average rate of 27.6024, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 29.2717 was up 6.51% compared to the 2020 peak of 27.4832, 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 NIO 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 28.0744, compared to 27.9188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1555 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 1.1323 NIO (High: 29.2644 / Low: 28.1322). On the other end, January was the most stable month, with a tight range of 0.4194 NIO (High: 27.6824 / Low: 27.2630).
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 0.6898 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 28.9391) against the same month in 2020 (average: 24.3024), the exchange rate shifted by +4.6367 (+19.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.6824 | 27.2630 | 27.4609 |
| February | 27.9160 | 27.1516 | 27.5212 |
| March | 28.2371 | 27.5669 | 27.8492 |
| April | 28.6123 | 27.6771 | 27.9804 |
| May | 29.2717 | 28.4761 | 28.9391 |
| June | 29.2644 | 28.1322 | 28.6954 |
| July | 28.3491 | 27.3452 | 28.0056 |
| August | 28.1608 | 27.3455 | 27.8715 |
| September | 28.0271 | 27.4119 | 27.7374 |
| October | 28.5521 | 27.8489 | 28.2863 |
| November | 28.4628 | 27.5389 | 28.0098 |
| December | 28.0052 | 27.3693 | 27.6024 |