YEARLY HIGH
0.0908 CAD
YEARLY LOW
0.0783 CAD
YEARLY AVERAGE
0.0849 CAD

2021 NAD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 0.0908. Conversely, the yearly low was recorded on November 28, dropping to 0.0783.

This high-to-low spread represents a total annual volatility of 0.0125 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0844 to the December average rate of 0.0805, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0908 was down 2.19% compared to the 2020 peak of 0.0928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 454 CAD
2020 Average 409 CAD
Yearly Trough Low 391 CAD
Transaction Impact: A difference of 62.56 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0892
0.0797
JanuMarcMayJulySeptNove

NAD 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 0.0859, compared to 0.0838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0859
H2 Avg (Jul–Dec) 0.0838

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0080 CAD (High: 0.0863 / Low: 0.0783). On the other end, April was the most stable month, with a tight range of 0.0028 CAD (High: 0.0882 / Low: 0.0854).

November Spread (Volatile) ±0.0080
April Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0023 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0884) against the same month in 2020 (average: 0.0792), the exchange rate shifted by +0.0092 (+11.61%).

2021 Avg (June) 0.0884
2020 Avg (June) 0.0792

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0875 0.0825 0.0844
February 0.0877 0.0847 0.0862
March 0.0856 0.0814 0.0839
April 0.0882 0.0854 0.0864
May 0.0881 0.0850 0.0863
June 0.0908 0.0862 0.0884
July 0.0876 0.0839 0.0861
August 0.0893 0.0831 0.0858
September 0.0889 0.0838 0.0855
October 0.0857 0.0817 0.0837
November 0.0863 0.0783 0.0813
December 0.0823 0.0792 0.0805