2024 CAD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2125.9704. Conversely, the yearly low was recorded on December 18, dropping to 1967.2102.
This high-to-low spread represents a total annual volatility of 158.7602 CDF. From a start-to-finish perspective, comparing the January average rate of 2028.5360 to the December average rate of 2001.5088, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 2125.9704 was up 1.13% compared to the 2023 peak of 2102.2301, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CAD to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2045.3486, compared to 2063.8677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.5191 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 91.3286 CDF (High: 2067.0407 / Low: 1975.7121). On the other end, February was the most stable month, with a tight range of 23.8991 CDF (High: 2051.1997 / Low: 2027.3006).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 44.3786 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 2102.3579) against the same month in 2023 (average: 1832.9769), the exchange rate shifted by +269.3810 (+14.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2067.0407 | 1975.7121 | 2028.5360 |
| February | 2051.1997 | 2027.3006 | 2042.5150 |
| March | 2064.6755 | 2027.5105 | 2048.8082 |
| April | 2084.4277 | 2014.9212 | 2040.6289 |
| May | 2071.4891 | 2031.1863 | 2045.3642 |
| June | 2085.3984 | 2049.1151 | 2066.2392 |
| July | 2106.8601 | 2046.3926 | 2073.5498 |
| August | 2112.9085 | 2049.1538 | 2084.6893 |
| September | 2125.9704 | 2087.4559 | 2102.3579 |
| October | 2115.2284 | 2049.5116 | 2075.2129 |
| November | 2066.6293 | 2028.9615 | 2045.8874 |
| December | 2043.5879 | 1967.2102 | 2001.5088 |