YEARLY HIGH
0.0614 EUR
YEARLY LOW
0.0531 EUR
YEARLY AVERAGE
0.0572 EUR

2021 NAD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 0.0614. Conversely, the yearly low was recorded on January 11, dropping to 0.0531.

This high-to-low spread represents a total annual volatility of 0.0083 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0545 to the December average rate of 0.0556, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0614 was down 4.02% compared to the 2020 peak of 0.0640, 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 307 EUR
2020 Average 268 EUR
Yearly Trough Low 265 EUR
Transaction Impact: A difference of 41.51 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0606
0.0540
JanuMarcMayJulySeptNove

NAD to EUR 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 0.0572, compared to 0.0573 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) 0.0572
H2 Avg (Jul–Dec) 0.0573

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0056 EUR (High: 0.0601 / Low: 0.0545). On the other end, April was the most stable month, with a tight range of 0.0014 EUR (High: 0.0583 / Low: 0.0570).

November Spread (Volatile) ±0.0056
April Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between 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 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0600) against the same month in 2020 (average: 0.0519), the exchange rate shifted by +0.0081 (+15.66%).

2021 Avg (June) 0.0600
2020 Avg (June) 0.0519

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0561 0.0531 0.0545
February 0.0570 0.0550 0.0561
March 0.0577 0.0542 0.0561
April 0.0583 0.0570 0.0578
May 0.0596 0.0574 0.0586
June 0.0614 0.0586 0.0600
July 0.0590 0.0567 0.0582
August 0.0596 0.0558 0.0578
September 0.0593 0.0564 0.0573
October 0.0596 0.0566 0.0580
November 0.0601 0.0545 0.0567
December 0.0568 0.0546 0.0556