2021 MRO to CAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MRO to CAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MRO to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1.2827. Conversely, the yearly low was recorded on June 2, dropping to 0.0034.
This high-to-low spread represents a total annual volatility of 1.2793 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.3736, the exchange rate registered a net change of 10380.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1.2827 was up 31479.96% compared to the 2020 peak of 0.0041, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MRO to CAD 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 0.0035, compared to 0.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0617 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 1.2792 CAD (High: 1.2827 / Low: 0.0035). On the other end, January was the most stable month, with a tight range of 0.0001 CAD (High: 0.0036 / Low: 0.0035).
Growth Streaks & Declines
TrendsBetween May and September, 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 April and May, when the average rate fell by 0.0001 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 0.3736) against the same month in 2020 (average: 0.0036), the exchange rate shifted by +0.3700 (+10313.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0036 | 0.0035 | 0.0036 |
| February | 0.0036 | 0.0035 | 0.0036 |
| March | 0.0036 | 0.0035 | 0.0035 |
| April | 0.0035 | 0.0034 | 0.0035 |
| May | 0.0034 | 0.0034 | 0.0034 |
| June | 0.0035 | 0.0034 | 0.0034 |
| July | 0.0036 | 0.0034 | 0.0035 |
| August | 0.0036 | 0.0035 | 0.0035 |
| September | 0.0036 | 0.0035 | 0.0035 |
| October | 0.0035 | 0.0035 | 0.0035 |
| November | 0.0036 | 0.0035 | 0.0035 |
| December | 1.2827 | 0.0035 | 0.3736 |