YEARLY HIGH
2125.9704 CDF
YEARLY LOW
1967.2102 CDF
YEARLY AVERAGE
2054.6081 CDF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CAD based on timing:

Yearly Peak High 10,629,852 CDF
2023 Average 8,657,013 CDF
Yearly Trough Low 9,836,051 CDF
Transaction Impact: A difference of 793,801.02 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2112.4428
1991.4239
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2045.3486
H2 Avg (Jul–Dec) 2063.8677

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±91.3286
February Spread (Stable) ±23.8991

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -44.3786

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 2102.3579
2023 Avg (September) 1832.9769

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