2021 CAD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CAD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CAD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1987.6587. Conversely, the yearly low was recorded on February 1, dropping to 399.0716.
This high-to-low spread represents a total annual volatility of 1588.5872 SYP. From a start-to-finish perspective, comparing the January average rate of 402.9563 to the December average rate of 1962.8697, the exchange rate registered a net change of 387.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1987.6587 was up 392.31% compared to the 2020 peak of 403.7393, 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 SYP 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 742.9531, compared to 1227.3666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 484.4136 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 990.7384 SYP (High: 1987.4543 / Low: 996.7160). On the other end, January was the most stable month, with a tight range of 6.4129 SYP (High: 406.1157 / Low: 399.7028).
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 22.9293 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 1962.8697) against the same month in 2020 (average: 400.4233), the exchange rate shifted by +1562.4465 (+390.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 406.1157 | 399.7028 | 402.9563 |
| February | 409.7607 | 399.0716 | 403.8640 |
| March | 1000.9475 | 404.4409 | 579.5631 |
| April | 1024.3742 | 996.8371 | 1005.9124 |
| May | 1043.7921 | 1022.3474 | 1037.1306 |
| June | 1044.4681 | 1009.2621 | 1028.2920 |
| July | 1021.2366 | 986.2780 | 1005.3627 |
| August | 1008.4281 | 980.2321 | 997.9936 |
| September | 1003.9876 | 981.1043 | 992.6618 |
| October | 1019.8212 | 994.3326 | 1010.5198 |
| November | 1987.4543 | 996.7160 | 1394.7921 |
| December | 1987.6587 | 1942.1761 | 1962.8697 |