YEARLY HIGH
0.9539 CAD
YEARLY LOW
0.8571 CAD
YEARLY AVERAGE
0.8971 CAD

2023 AUD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.9539. Conversely, the yearly low was recorded on September 27, dropping to 0.8571.

This high-to-low spread represents a total annual volatility of 0.0968 CAD. From a start-to-finish perspective, comparing the January average rate of 0.9339 to the December average rate of 0.8989, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9539 was up 0.73% compared to the 2022 peak of 0.9470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,770 CAD
2022 Average 4,517 CAD
Yearly Trough Low 4,285 CAD
Transaction Impact: A difference of 484.11 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9403
0.8639
JanuMarcMayJulySeptNove

AUD 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 0.9118, compared to 0.8824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0294 points.

H1 Avg (Jan–Jun) 0.9118
H2 Avg (Jul–Dec) 0.8824

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0381 CAD (High: 0.9539 / Low: 0.9158). On the other end, December was the most stable month, with a tight range of 0.0146 CAD (High: 0.9050 / Low: 0.8904).

January Spread (Volatile) ±0.0381
December Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0165 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9339) against the same month in 2022 (average: 0.9058), the exchange rate shifted by +0.0281 (+3.11%).

2023 Avg (January) 0.9339
2022 Avg (January) 0.9058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9539 0.9158 0.9339
February 0.9488 0.9150 0.9268
March 0.9309 0.9048 0.9153
April 0.9154 0.8958 0.9037
May 0.9112 0.8827 0.8984
June 0.9097 0.8746 0.8929
July 0.9050 0.8809 0.8903
August 0.8814 0.8653 0.8737
September 0.8782 0.8571 0.8702
October 0.8809 0.8594 0.8704
November 0.9030 0.8776 0.8910
December 0.9050 0.8904 0.8989