YEARLY HIGH
158.8994 GYD
YEARLY LOW
144.5624 GYD
YEARLY AVERAGE
152.7216 GYD

2024 CAD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 158.8994. Conversely, the yearly low was recorded on December 18, dropping to 144.5624.

This high-to-low spread represents a total annual volatility of 14.3370 GYD. From a start-to-finish perspective, comparing the January average rate of 155.9690 to the December average rate of 146.6412, the exchange rate registered a net change of -5.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 158.8994 was down 1.24% compared to the 2023 peak of 160.8974, 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 794,497 GYD
2023 Average 778,368 GYD
Yearly Trough Low 722,812 GYD
Transaction Impact: A difference of 71,684.87 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

156.9018
145.7084
JanuMarcMayJulySeptNove

CAD to GYD 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 154.0578, compared to 151.3854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6725 points.

H1 Avg (Jan–Jun) 154.0578
H2 Avg (Jul–Dec) 151.3854

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 6.2278 GYD (High: 155.5640 / Low: 149.3362). On the other end, May was the most stable month, with a tight range of 1.5590 GYD (High: 153.9199 / Low: 152.3609).

August Spread (Volatile) ±6.2278
May Spread (Stable) ±1.5590

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 2.9943 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.9943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 154.6052) against the same month in 2023 (average: 153.7909), the exchange rate shifted by +0.8143 (+0.53%).

2024 Avg (March) 154.6052
2023 Avg (March) 153.7909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 158.5338 154.7666 155.9690
February 156.7313 153.7610 155.1006
March 158.8994 152.8633 154.6052
April 154.7215 151.4157 152.9628
May 153.9199 152.3609 153.0598
June 153.5898 151.7707 152.6496
July 153.6330 151.0165 152.4969
August 155.5640 149.3362 152.9659
September 155.9408 153.7852 154.4423
October 154.8333 149.9794 152.1305
November 151.2557 148.4153 149.6355
December 149.3359 144.5624 146.6412