2024 CAD to AZN Historical Review

YEARLY HIGH

1.2836 AZN

YEARLY LOW

1.1755 AZN

YEARLY AVERAGE

1.2410 AZN

2024 CAD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.2836. Conversely, the yearly low was recorded on December 18, dropping to 1.1755.

This high-to-low spread represents a total annual volatility of 0.1081 AZN. From a start-to-finish perspective, comparing the January average rate of 1.2672 to the December average rate of 1.1921, the exchange rate registered a net change of -5.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2836 was down 0.99% compared to the 2023 peak of 1.2964, 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 6,418 AZN

2023 Average 6,297 AZN

Yearly Trough Low 5,877 AZN

Transaction Impact: A difference of 540.46 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2748

1.1846

JanuMarcMayJulySeptNove

CAD to AZN 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 1.2517, compared to 1.2303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 1.2517

H2 Avg (Jul–Dec) 1.2303

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0398 AZN (High: 1.2598 / Low: 1.2199). On the other end, May was the most stable month, with a tight range of 0.0123 AZN (High: 1.2502 / Low: 1.2378).

October Spread (Volatile) ±0.0398

May Spread (Stable) ±0.0123

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 0.0237 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.2672) against the same month in 2023 (average: 1.2668), the exchange rate shifted by +0.0004 (+0.03%).

2024 Avg (January) 1.2672

2023 Avg (January) 1.2668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2836	1.2568	1.2672
February	1.2701	1.2520	1.2598
March	1.2636	1.2489	1.2559
April	1.2570	1.2300	1.2429
May	1.2502	1.2378	1.2438
June	1.2482	1.2339	1.2404
July	1.2486	1.2268	1.2395
August	1.2641	1.2246	1.2440
September	1.2667	1.2491	1.2548
October	1.2598	1.2199	1.2355
November	1.2288	1.2055	1.2158
December	1.2131	1.1755	1.1921