2024 CAD to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 339.8777. Conversely, the yearly low was recorded on November 6, dropping to 323.0156.
This high-to-low spread represents a total annual volatility of 16.8621 KMF. From a start-to-finish perspective, comparing the January average rate of 336.3751 to the December average rate of 329.5463, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 339.8777 was down 2.23% compared to the 2023 peak of 347.6449, 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 KMF 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 335.2302, compared to 329.1230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.1071 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 16.0927 KMF (High: 339.1082 / Low: 323.0156). On the other end, May was the most stable month, with a tight range of 4.2082 KMF (High: 336.0041 / Low: 331.7959).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.8844 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 337.9467) against the same month in 2023 (average: 341.9136), the exchange rate shifted by -3.9670 (-1.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 339.6212 | 333.2889 | 336.3751 |
| February | 339.8777 | 334.6260 | 337.9467 |
| March | 337.4763 | 332.5075 | 334.6247 |
| April | 338.2585 | 329.3223 | 335.4865 |
| May | 336.0041 | 331.7959 | 333.4942 |
| June | 336.8051 | 328.3978 | 333.4537 |
| July | 335.2906 | 327.7342 | 331.1911 |
| August | 329.3356 | 325.0852 | 327.3067 |
| September | 330.2132 | 324.9161 | 327.3685 |
| October | 330.5681 | 325.5098 | 328.1860 |
| November | 339.1082 | 323.0156 | 331.1396 |
| December | 334.2115 | 327.2125 | 329.5463 |