2021 NAD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NAD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NAD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 726.9175. Conversely, the yearly low was recorded on December 3, dropping to 581.0056.
This high-to-low spread represents a total annual volatility of 145.9119 GNF. From a start-to-finish perspective, comparing the January average rate of 676.7855 to the December average rate of 591.8925, the exchange rate registered a net change of -12.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 726.9175 was up 6.06% compared to the 2020 peak of 685.3628, 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 GNF 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 690.0490, compared to 643.5359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 46.5131 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 85.9967 GNF (High: 668.5313 / Low: 582.5347). On the other end, April was the most stable month, with a tight range of 18.2981 GNF (High: 699.3196 / Low: 681.0215).
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 October and November, when the average rate fell by 36.3777 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 709.5741) against the same month in 2020 (average: 558.1870), the exchange rate shifted by +151.3872 (+27.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 695.7379 | 661.8099 | 676.7855 |
| February | 708.1796 | 670.0398 | 690.4829 |
| March | 683.8520 | 650.0229 | 672.2440 |
| April | 699.3196 | 681.0215 | 688.7550 |
| May | 713.6290 | 683.4962 | 702.4524 |
| June | 726.9175 | 685.5394 | 709.5741 |
| July | 689.9089 | 657.7592 | 674.7827 |
| August | 681.5294 | 638.4716 | 665.7305 |
| September | 683.9922 | 645.3021 | 659.6185 |
| October | 670.6008 | 637.1406 | 652.7844 |
| November | 668.5313 | 582.5347 | 616.4066 |
| December | 605.7300 | 581.0056 | 591.8925 |