2021 CAD to NZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CAD to NZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CAD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 1.1652. Conversely, the yearly low was recorded on February 24, dropping to 1.0737.
This high-to-low spread represents a total annual volatility of 0.0915 NZD. From a start-to-finish perspective, comparing the January average rate of 1.0936 to the December average rate of 1.1514, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1.1652 was down 5.17% compared to the 2020 peak of 1.2288, 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 NZD 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 1.1187, compared to 1.1375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was March, with a trading range of 0.0555 NZD (High: 1.1407 / Low: 1.0852). On the other end, June was the most stable month, with a tight range of 0.0153 NZD (High: 1.1575 / Low: 1.1422).
Growth Streaks & Declines
TrendsBetween February and June, 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 August and September, when the average rate fell by 0.0192 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 1.1514) against the same month in 2020 (average: 1.1002), the exchange rate shifted by +0.0511 (+4.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.1093 | 1.0809 | 1.0936 |
| February | 1.0947 | 1.0737 | 1.0870 |
| March | 1.1407 | 1.0852 | 1.1155 |
| April | 1.1358 | 1.1067 | 1.1232 |
| May | 1.1553 | 1.1292 | 1.1414 |
| June | 1.1575 | 1.1422 | 1.1518 |
| July | 1.1558 | 1.1320 | 1.1439 |
| August | 1.1500 | 1.1241 | 1.1376 |
| September | 1.1432 | 1.1075 | 1.1183 |
| October | 1.1576 | 1.1253 | 1.1392 |
| November | 1.1536 | 1.1221 | 1.1348 |
| December | 1.1652 | 1.1432 | 1.1514 |