YEARLY HIGH
0.0251 CAD
YEARLY LOW
0.0235 CAD
YEARLY AVERAGE
0.0243 CAD

2021 GMD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0251. Conversely, the yearly low was recorded on May 24, dropping to 0.0235.

This high-to-low spread represents a total annual volatility of 0.0016 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0246 to the December average rate of 0.0244, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0251 was down 11.89% compared to the 2020 peak of 0.0285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 126 CAD
2020 Average 130 CAD
Yearly Trough Low 118 CAD
Transaction Impact: A difference of 7.83 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0248
0.0236
JanuMarcMayJulySeptNove

GMD to CAD 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 0.0243, compared to 0.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0243
H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0008 CAD (High: 0.0249 / Low: 0.0241). On the other end, May was the most stable month, with a tight range of 0.0005 CAD (High: 0.0240 / Low: 0.0235).

July Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0246) against the same month in 2020 (average: 0.0256), the exchange rate shifted by -0.0009 (-3.57%).

2021 Avg (August) 0.0246
2020 Avg (August) 0.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0249 0.0244 0.0246
February 0.0249 0.0244 0.0247
March 0.0247 0.0242 0.0245
April 0.0247 0.0240 0.0244
May 0.0240 0.0235 0.0237
June 0.0244 0.0235 0.0239
July 0.0249 0.0241 0.0245
August 0.0251 0.0244 0.0246
September 0.0248 0.0243 0.0246
October 0.0245 0.0237 0.0240
November 0.0244 0.0238 0.0241
December 0.0246 0.0240 0.0244