YEARLY HIGH
0.8024 CAD
YEARLY LOW
0.7328 CAD
YEARLY AVERAGE
0.7605 CAD

2024 ANG to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.8024. Conversely, the yearly low was recorded on January 1, dropping to 0.7328.

This high-to-low spread represents a total annual volatility of 0.0696 CAD. From a start-to-finish perspective, comparing the January average rate of 0.7446 to the December average rate of 0.7916, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8024 was up 3.54% compared to the 2023 peak of 0.7750, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,012 CAD
2023 Average 3,747 CAD
Yearly Trough Low 3,664 CAD
Transaction Impact: A difference of 348.09 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7963
0.7399
JanuMarcMayJulySeptNove

ANG 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 0.7539, compared to 0.7670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.7539
H2 Avg (Jul–Dec) 0.7670

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0311 CAD (High: 0.7773 / Low: 0.7462). On the other end, May was the most stable month, with a tight range of 0.0074 CAD (High: 0.7620 / Low: 0.7546).

August Spread (Volatile) ±0.0311
May Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0074 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7916) against the same month in 2023 (average: 0.7434), the exchange rate shifted by +0.0482 (+6.49%).

2024 Avg (December) 0.7916
2023 Avg (December) 0.7434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7506 0.7328 0.7446
February 0.7550 0.7407 0.7485
March 0.7594 0.7472 0.7518
April 0.7673 0.7509 0.7594
May 0.7620 0.7546 0.7586
June 0.7650 0.7562 0.7605
July 0.7687 0.7553 0.7612
August 0.7773 0.7462 0.7590
September 0.7549 0.7444 0.7516
October 0.7736 0.7493 0.7630
November 0.7820 0.7675 0.7757
December 0.8024 0.7774 0.7916