2024 CAD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 722.0251. Conversely, the yearly low was recorded on January 7, dropping to 606.0648.
This high-to-low spread represents a total annual volatility of 115.9603 ARS. From a start-to-finish perspective, comparing the January average rate of 609.3967 to the December average rate of 715.1304, the exchange rate registered a net change of 17.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 722.0251 was up 17.99% compared to the 2023 peak of 611.9414, 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 ARS 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 632.8492, compared to 701.8112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.9620 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 39.7179 ARS (High: 705.5179 / Low: 665.8000). On the other end, July was the most stable month, with a tight range of 10.0774 ARS (High: 674.9493 / Low: 664.8720).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 715.1304) against the same month in 2023 (average: 472.6890), the exchange rate shifted by +242.4414 (+51.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 616.1432 | 606.0648 | 609.3967 |
| February | 622.6108 | 612.1292 | 618.1118 |
| March | 633.9294 | 620.0605 | 628.1304 |
| April | 641.4763 | 628.1381 | 634.3354 |
| May | 655.5862 | 635.6470 | 647.8678 |
| June | 665.5616 | 652.6950 | 659.2531 |
| July | 674.9493 | 664.8720 | 672.2325 |
| August | 705.5179 | 665.8000 | 688.3558 |
| September | 719.2392 | 703.1171 | 708.8020 |
| October | 719.2387 | 707.4108 | 711.6893 |
| November | 721.0141 | 706.3859 | 714.6570 |
| December | 722.0251 | 706.8608 | 715.1304 |