YEARLY HIGH
1027.1475 KRW
YEARLY LOW
966.9323 KRW
YEARLY AVERAGE
995.0910 KRW

2024 CAD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1027.1475. Conversely, the yearly low was recorded on January 1, dropping to 966.9323.

This high-to-low spread represents a total annual volatility of 60.2151 KRW. From a start-to-finish perspective, comparing the January average rate of 987.2403 to the December average rate of 1010.1897, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1027.1475 was up 2.50% compared to the 2023 peak of 1002.0951, 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 5,135,737 KRW
2023 Average 4,837,605 KRW
Yearly Trough Low 4,834,662 KRW
Transaction Impact: A difference of 301,075.73 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1013.0339
978.9028
JanuMarcMayJulySeptNove

CAD to KRW 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 994.3253, compared to 995.8566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5313 points.

H1 Avg (Jan–Jun) 994.3253
H2 Avg (Jul–Dec) 995.8566

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 31.2698 KRW (High: 1027.1475 / Low: 995.8776). On the other end, February was the most stable month, with a tight range of 12.4273 KRW (High: 993.9004 / Low: 981.4731).

December Spread (Volatile) ±31.2698
February Spread (Stable) ±12.4273

Growth Streaks & Declines

Trends

Between September and December, 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 20.0492 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -20.0492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1010.1897) against the same month in 2023 (average: 970.4708), the exchange rate shifted by +39.7189 (+4.09%).

2024 Avg (December) 1010.1897
2023 Avg (December) 970.4708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 996.3053 966.9323 987.2403
February 993.9004 981.4731 987.4320
March 997.5027 972.4374 984.0520
April 1009.0830 993.1062 1001.3646
May 1013.8202 989.3758 997.8755
June 1018.7852 998.9977 1007.9874
July 1017.2138 991.3835 1007.9239
August 1000.8498 975.9622 987.8747
September 991.5124 968.9023 981.7471
October 999.7227 979.8628 989.7473
November 1009.8322 988.2513 997.6570
December 1027.1475 995.8776 1010.1897