YEARLY HIGH
0.7749 CAD
YEARLY LOW
0.7275 CAD
YEARLY AVERAGE
0.7497 CAD

2023 AWG to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.7749. Conversely, the yearly low was recorded on July 13, dropping to 0.7275.

This high-to-low spread represents a total annual volatility of 0.0474 CAD. From a start-to-finish perspective, comparing the January average rate of 0.7451 to the December average rate of 0.7446, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7749 was up 0.48% compared to the 2022 peak of 0.7712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,875 CAD
2022 Average 3,616 CAD
Yearly Trough Low 3,637 CAD
Transaction Impact: A difference of 237.18 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7657
0.7314
JanuMarcMayJulySeptNove

AWG 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 0.7487, compared to 0.7507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.7487
H2 Avg (Jul–Dec) 0.7507

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0225 CAD (High: 0.7552 / Low: 0.7327). On the other end, September was the most stable month, with a tight range of 0.0123 CAD (High: 0.7591 / Low: 0.7469).

December Spread (Volatile) ±0.0225
September Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0183 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7629) against the same month in 2022 (average: 0.7453), the exchange rate shifted by +0.0175 (+2.35%).

2023 Avg (November) 0.7629
2022 Avg (November) 0.7453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7586 0.7382 0.7451
February 0.7581 0.7375 0.7473
March 0.7694 0.7502 0.7608
April 0.7589 0.7412 0.7504
May 0.7588 0.7421 0.7511
June 0.7472 0.7294 0.7377
July 0.7415 0.7275 0.7343
August 0.7561 0.7373 0.7487
September 0.7591 0.7469 0.7526
October 0.7710 0.7531 0.7614
November 0.7749 0.7532 0.7629
December 0.7552 0.7327 0.7446