2024 CAD to AUD Historical Review

YEARLY HIGH

1.1432 AUD

YEARLY LOW

1.0691 AUD

YEARLY AVERAGE

1.1066 AUD

2024 CAD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 1.1432. Conversely, the yearly low was recorded on September 30, dropping to 1.0691.

This high-to-low spread represents a total annual volatility of 0.0740 AUD. From a start-to-finish perspective, comparing the January average rate of 1.1217 to the December average rate of 1.1088, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1432 was down 2.02% compared to the 2023 peak of 1.1667, 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 5,716 AUD

2023 Average 5,577 AUD

Yearly Trough Low 5,346 AUD

Transaction Impact: A difference of 370.15 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1405

1.0789

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 1.1181, compared to 1.0950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0232 points.

H1 Avg (Jan–Jun) 1.1181

H2 Avg (Jul–Dec) 1.0950

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0381 AUD (High: 1.1072 / Low: 1.0691). On the other end, June was the most stable month, with a tight range of 0.0114 AUD (High: 1.1042 / Low: 1.0928).

September Spread (Volatile) ±0.0381

June Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0198 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.1354) against the same month in 2023 (average: 1.0791), the exchange rate shifted by +0.0563 (+5.22%).

2024 Avg (February) 1.1354

2023 Avg (February) 1.0791

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1344	1.1089	1.1217
February	1.1432	1.1277	1.1354
March	1.1355	1.1127	1.1261
April	1.1355	1.1115	1.1235
May	1.1152	1.0959	1.1037
June	1.1042	1.0928	1.0985
July	1.1064	1.0811	1.0922
August	1.1156	1.0884	1.0997
September	1.1072	1.0691	1.0900
October	1.0957	1.0753	1.0840
November	1.1017	1.0802	1.0950
December	1.1234	1.0956	1.1088