YEARLY HIGH
0.9353 CAD
YEARLY LOW
0.8748 CAD
YEARLY AVERAGE
0.9039 CAD

2024 AUD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.9353. Conversely, the yearly low was recorded on February 8, dropping to 0.8748.

This high-to-low spread represents a total annual volatility of 0.0606 CAD. From a start-to-finish perspective, comparing the January average rate of 0.8916 to the December average rate of 0.9019, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9353 was down 1.95% compared to the 2023 peak of 0.9539, 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 4,677 CAD
2023 Average 4,485 CAD
Yearly Trough Low 4,374 CAD
Transaction Impact: A difference of 302.85 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9267
0.8766
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 0.8945, compared to 0.9134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.8945
H2 Avg (Jul–Dec) 0.9134

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0322 CAD (High: 0.9353 / Low: 0.9032). On the other end, June was the most stable month, with a tight range of 0.0094 CAD (High: 0.9151 / Low: 0.9056).

September Spread (Volatile) ±0.0322
June Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0113 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9175) against the same month in 2023 (average: 0.8702), the exchange rate shifted by +0.0473 (+5.43%).

2024 Avg (September) 0.9175
2023 Avg (September) 0.8702

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9018 0.8815 0.8916
February 0.8868 0.8748 0.8808
March 0.8987 0.8807 0.8880
April 0.8997 0.8807 0.8901
May 0.9125 0.8967 0.9061
June 0.9151 0.9056 0.9103
July 0.9250 0.9038 0.9156
August 0.9188 0.8964 0.9093
September 0.9353 0.9032 0.9175
October 0.9300 0.9127 0.9225
November 0.9257 0.9077 0.9133
December 0.9127 0.8902 0.9019