YEARLY HIGH
7.1402 NAD
YEARLY LOW
6.0476 NAD
YEARLY AVERAGE
6.5265 NAD

2021 TOP to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 7.1402. Conversely, the yearly low was recorded on June 5, dropping to 6.0476.

This high-to-low spread represents a total annual volatility of 1.0926 NAD. From a start-to-finish perspective, comparing the January average rate of 6.6118 to the December average rate of 6.9616, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.1402 was down 12.73% compared to the 2020 peak of 8.1816, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,701 NAD
2020 Average 35,802 NAD
Yearly Trough Low 30,238 NAD
Transaction Impact: A difference of 5,462.91 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.0384
6.1161
JanuMarcMayJulySeptNove

TOP to NAD 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 6.3983, compared to 6.6546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2563 points.

H1 Avg (Jan–Jun) 6.3983
H2 Avg (Jul–Dec) 6.6546

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.7075 NAD (High: 7.1402 / Low: 6.4327). On the other end, April was the most stable month, with a tight range of 0.1484 NAD (High: 6.4231 / Low: 6.2747).

November Spread (Volatile) ±0.7075
April Spread (Stable) ±0.1484

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2110 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.8513) against the same month in 2020 (average: 6.7564), the exchange rate shifted by +0.0949 (+1.40%).

2021 Avg (November) 6.8513
2020 Avg (November) 6.7564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.8316 6.4216 6.6118
February 6.5447 6.3312 6.4187
March 6.7932 6.4295 6.5700
April 6.4231 6.2747 6.3590
May 6.3934 6.1255 6.2374
June 6.3846 6.0476 6.1930
July 6.5806 6.3150 6.4385
August 6.7339 6.3204 6.4920
September 6.6638 6.3537 6.5821
October 6.7697 6.4500 6.6024
November 7.1402 6.4327 6.8513
December 7.0744 6.8166 6.9616