2024 CAD to BBD Historical Review

YEARLY HIGH

1.5101 BBD

YEARLY LOW

1.3829 BBD

YEARLY AVERAGE

1.4599 BBD

2024 CAD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.5101. Conversely, the yearly low was recorded on December 18, dropping to 1.3829.

This high-to-low spread represents a total annual volatility of 0.1272 BBD. From a start-to-finish perspective, comparing the January average rate of 1.4906 to the December average rate of 1.4025, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5101 was down 0.99% compared to the 2023 peak of 1.5252, 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 7,550 BBD

2023 Average 7,408 BBD

Yearly Trough Low 6,915 BBD

Transaction Impact: A difference of 635.83 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4994

1.3937

JanuMarcMayJulySeptNove

CAD to BBD 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 1.4724, compared to 1.4474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 1.4724

H2 Avg (Jul–Dec) 1.4474

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0469 BBD (High: 1.4821 / Low: 1.4352). On the other end, May was the most stable month, with a tight range of 0.0145 BBD (High: 1.4708 / Low: 1.4563).

October Spread (Volatile) ±0.0469

May Spread (Stable) ±0.0145

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 0.0279 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.4906) against the same month in 2023 (average: 1.4903), the exchange rate shifted by +0.0002 (+0.01%).

2024 Avg (January) 1.4906

2023 Avg (January) 1.4903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5101	1.4786	1.4906
February	1.4942	1.4730	1.4821
March	1.4866	1.4678	1.4770
April	1.4788	1.4470	1.4620
May	1.4708	1.4563	1.4633
June	1.4685	1.4516	1.4592
July	1.4689	1.4433	1.4583
August	1.4872	1.4407	1.4635
September	1.4902	1.4695	1.4762
October	1.4821	1.4352	1.4536
November	1.4456	1.4183	1.4303
December	1.4272	1.3829	1.4025