2024 CAD to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 306.2401. Conversely, the yearly low was recorded on December 18, dropping to 272.4649.
This high-to-low spread represents a total annual volatility of 33.7752 AMD. From a start-to-finish perspective, comparing the January average rate of 301.6220 to the December average rate of 278.1818, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 306.2401 was down 1.90% compared to the 2023 peak of 312.1580, 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 AMD 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 291.8362, compared to 281.6852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.1510 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 14.9665 AMD (High: 287.4314 / Low: 272.4649). On the other end, May was the most stable month, with a tight range of 2.7252 AMD (High: 285.0975 / Low: 282.3724).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 9.7985 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 301.6220) against the same month in 2023 (average: 294.7462), the exchange rate shifted by +6.8758 (+2.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 306.2401 | 299.5449 | 301.6220 |
| February | 304.1703 | 298.3758 | 300.8131 |
| March | 299.2595 | 290.9526 | 295.7965 |
| April | 289.7842 | 281.5846 | 285.9980 |
| May | 285.0975 | 282.3724 | 283.6491 |
| June | 284.8089 | 281.4285 | 283.1385 |
| July | 285.0107 | 279.8826 | 282.8983 |
| August | 288.4408 | 277.0202 | 283.5608 |
| September | 288.5375 | 283.9095 | 285.8526 |
| October | 286.4654 | 277.8014 | 281.4403 |
| November | 282.6950 | 275.1919 | 278.1775 |
| December | 287.4314 | 272.4649 | 278.1818 |