2024 CAD to MXN Historical Review

YEARLY HIGH

14.7719 MXN

YEARLY LOW

12.0112 MXN

YEARLY AVERAGE

13.3607 MXN

2024 CAD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 14.7719. Conversely, the yearly low was recorded on April 11, dropping to 12.0112.

This high-to-low spread represents a total annual volatility of 2.7608 MXN. From a start-to-finish perspective, comparing the January average rate of 12.7123 to the December average rate of 14.2022, the exchange rate registered a net change of 11.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.7719 was up 2.54% compared to the 2023 peak of 14.4062, 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 73,860 MXN

2023 Average 65,672 MXN

Yearly Trough Low 60,056 MXN

Transaction Impact: A difference of 13,803.80 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.7583

12.0640

JanuMarcMayJulySeptNove

CAD to MXN 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 12.6016, compared to 14.1198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5182 points.

H1 Avg (Jan–Jun) 12.6016

H2 Avg (Jul–Dec) 14.1198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.2176 MXN (High: 13.6716 / Low: 12.4540). On the other end, February was the most stable month, with a tight range of 0.1949 MXN (High: 12.7609 / Low: 12.5660).

June Spread (Volatile) ±1.2176

February Spread (Stable) ±0.1949

Growth Streaks & Declines

Trends

Between April and June, 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 0.3316 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 14.4657) against the same month in 2023 (average: 12.7654), the exchange rate shifted by +1.7003 (+13.32%).

2024 Avg (September) 14.4657

2023 Avg (September) 12.7654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.8633	12.5707	12.7123
February	12.7609	12.5660	12.6646
March	12.5532	12.1943	12.3837
April	12.5952	12.0112	12.2885
May	12.4747	12.1518	12.2907
June	13.6716	12.4540	13.2697
July	13.5547	12.9100	13.1998
August	14.7142	13.5780	14.0176
September	14.7719	14.0678	14.4657
October	14.5487	13.9992	14.2995
November	14.7696	14.2813	14.5338
December	14.5456	13.9682	14.2022