2024 CAD to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 71.9125. Conversely, the yearly low was recorded on November 2, dropping to 64.6962.
This high-to-low spread represents a total annual volatility of 7.2163 ALL. From a start-to-finish perspective, comparing the January average rate of 70.9554 to the December average rate of 65.8008, the exchange rate registered a net change of -7.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 71.9125 was down 13.32% compared to the 2023 peak of 82.9679, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CAD to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 69.6321, compared to 66.2398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3923 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 2.9163 ALL (High: 67.6125 / Low: 64.6962). On the other end, August was the most stable month, with a tight range of 1.0209 ALL (High: 66.9031 / Low: 65.8822).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.1228 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 71.2984) against the same month in 2023 (average: 80.2933), the exchange rate shifted by -8.9948 (-11.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.5626 | 70.4743 | 70.9554 |
| February | 71.9125 | 70.5390 | 71.2984 |
| March | 70.7489 | 69.4434 | 70.2613 |
| April | 70.5645 | 68.0920 | 69.1706 |
| May | 68.6969 | 67.4153 | 68.0477 |
| June | 68.5291 | 66.9256 | 68.0591 |
| July | 68.4185 | 66.7841 | 67.4224 |
| August | 66.9031 | 65.8822 | 66.3993 |
| September | 66.8058 | 65.2739 | 66.0369 |
| October | 66.2715 | 64.8699 | 65.8002 |
| November | 67.6125 | 64.6962 | 65.9789 |
| December | 66.6873 | 64.8026 | 65.8008 |