YEARLY HIGH
21.6917 NAD
YEARLY LOW
18.9494 NAD
YEARLY AVERAGE
20.3344 NAD

2021 FKP to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 21.6917. Conversely, the yearly low was recorded on June 18, dropping to 18.9494.

This high-to-low spread represents a total annual volatility of 2.7423 NAD. From a start-to-finish perspective, comparing the January average rate of 20.5753 to the December average rate of 21.1676, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.6917 was down 8.01% compared to the 2020 peak of 23.5793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108,459 NAD
2020 Average 105,611 NAD
Yearly Trough Low 94,747 NAD
Transaction Impact: A difference of 13,711.54 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.3450
19.2162
JanuMarcMayJulySeptNove

FKP to NAD 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 20.1610, compared to 20.5078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3468 points.

H1 Avg (Jan–Jun) 20.1610
H2 Avg (Jul–Dec) 20.5078

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 2.1099 NAD (High: 21.6917 / Low: 19.5818). On the other end, February was the most stable month, with a tight range of 0.5550 NAD (High: 20.7219 / Low: 20.1670).

November Spread (Volatile) ±2.1099
February Spread (Stable) ±0.5550

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.7344 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 20.7955) against the same month in 2020 (average: 20.5462), the exchange rate shifted by +0.2493 (+1.21%).

2021 Avg (November) 20.7955
2020 Avg (November) 20.5462

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.9792 19.8133 20.5753
February 20.7219 20.1670 20.4391
March 21.5068 20.1493 20.7611
April 20.3959 19.7852 20.0267
May 20.1092 19.4370 19.7699
June 19.9198 18.9494 19.3936
July 20.7223 19.7199 20.0834
August 20.8869 19.5868 20.2723
September 20.6866 19.7177 20.3708
October 20.8652 19.9011 20.3569
November 21.6917 19.5818 20.7955
December 21.5828 20.8430 21.1676