YEARLY HIGH
1.1667 AUD
YEARLY LOW
1.0483 AUD
YEARLY AVERAGE
1.1153 AUD

2023 CAD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1.1667. Conversely, the yearly low was recorded on January 28, dropping to 1.0483.

This high-to-low spread represents a total annual volatility of 0.1184 AUD. From a start-to-finish perspective, comparing the January average rate of 1.0709 to the December average rate of 1.1125, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1667 was up 0.40% compared to the 2022 peak of 1.1621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,834 AUD
2022 Average 5,537 AUD
Yearly Trough Low 5,242 AUD
Transaction Impact: A difference of 592.13 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1570
1.0631
JanuMarcMayJulySeptNove

CAD to AUD 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 1.0971, compared to 1.1335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 1.0971
H2 Avg (Jul–Dec) 1.1335

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0442 AUD (High: 1.1434 / Low: 1.0992). On the other end, December was the most stable month, with a tight range of 0.0181 AUD (High: 1.1231 / Low: 1.1050).

June Spread (Volatile) ±0.0442
December Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0266 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 1.1491) against the same month in 2022 (average: 1.1234), the exchange rate shifted by +0.0258 (+2.29%).

2023 Avg (September) 1.1491
2022 Avg (September) 1.1234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0919 1.0483 1.0709
February 1.0929 1.0540 1.0791
March 1.1052 1.0742 1.0926
April 1.1164 1.0925 1.1066
May 1.1329 1.0974 1.1131
June 1.1434 1.0992 1.1200
July 1.1352 1.1049 1.1233
August 1.1557 1.1346 1.1445
September 1.1667 1.1387 1.1491
October 1.1637 1.1352 1.1490
November 1.1394 1.1074 1.1224
December 1.1231 1.1050 1.1125