YEARLY HIGH
1.3591 AWG
YEARLY LOW
1.2446 AWG
YEARLY AVERAGE
1.3146 AWG

2024 CAD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.3591. Conversely, the yearly low was recorded on December 18, dropping to 1.2446.

This high-to-low spread represents a total annual volatility of 0.1144 AWG. From a start-to-finish perspective, comparing the January average rate of 1.3425 to the December average rate of 1.2624, the exchange rate registered a net change of -5.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3591 was down 1.13% compared to the 2023 peak of 1.3746, 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 6,795 AWG
2023 Average 6,670 AWG
Yearly Trough Low 6,223 AWG
Transaction Impact: A difference of 572.25 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.3505
1.2544
JanuMarcMayJulySeptNove

CAD to AWG 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 1.3260, compared to 1.3032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 1.3260
H2 Avg (Jul–Dec) 1.3032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0426 AWG (High: 1.3343 / Low: 1.2917). On the other end, May was the most stable month, with a tight range of 0.0139 AWG (High: 1.3246 / Low: 1.3107).

October Spread (Volatile) ±0.0426
May Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0253 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.3425) against the same month in 2023 (average: 1.3422), the exchange rate shifted by +0.0003 (+0.03%).

2024 Avg (January) 1.3425
2023 Avg (January) 1.3422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3591 1.3308 1.3425
February 1.3448 1.3257 1.3346
March 1.3379 1.3229 1.3304
April 1.3318 1.3023 1.3164
May 1.3246 1.3107 1.3179
June 1.3225 1.3083 1.3142
July 1.3229 1.2998 1.3131
August 1.3385 1.2966 1.3177
September 1.3412 1.3225 1.3294
October 1.3343 1.2917 1.3088
November 1.2997 1.2742 1.2877
December 1.2863 1.2446 1.2624