2021 NAD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NAD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NAD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 146.4613. Conversely, the yearly low was recorded on November 28, dropping to 122.6534.
This high-to-low spread represents a total annual volatility of 23.8079 BIF. From a start-to-finish perspective, comparing the January average rate of 129.1021 to the December average rate of 125.6111, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 146.4613 was up 8.86% compared to the 2020 peak of 134.5468, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NAD to BIF 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 135.0495, compared to 132.3509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6986 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 16.0842 BIF (High: 138.7376 / Low: 122.6534). On the other end, April was the most stable month, with a tight range of 4.9338 BIF (High: 137.6224 / Low: 132.6886).
Growth Streaks & Declines
TrendsBetween March and June, 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 June and July, when the average rate fell by 6.6410 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 142.9994) against the same month in 2020 (average: 111.4418), the exchange rate shifted by +31.5576 (+28.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 133.0232 | 125.7204 | 129.1021 |
| February | 134.3151 | 128.8609 | 132.4217 |
| March | 133.1864 | 125.5287 | 130.5423 |
| April | 137.6224 | 132.6886 | 134.9985 |
| May | 143.4045 | 134.8885 | 140.2327 |
| June | 146.4613 | 138.1857 | 142.9994 |
| July | 139.2432 | 133.3720 | 136.3585 |
| August | 138.4524 | 129.4078 | 135.0546 |
| September | 139.1879 | 131.5581 | 134.1677 |
| October | 138.1051 | 131.5737 | 133.9627 |
| November | 138.7376 | 122.6534 | 128.9506 |
| December | 128.6792 | 123.1615 | 125.6111 |