2024 CAD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 453.7781. Conversely, the yearly low was recorded on May 1, dropping to 415.4802.
This high-to-low spread represents a total annual volatility of 38.2979 SDG. From a start-to-finish perspective, comparing the January average rate of 447.9144 to the December average rate of 421.7935, the exchange rate registered a net change of -5.83% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 453.7781 was down 0.95% compared to the 2023 peak of 458.1349, 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 SDG 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 438.6162, compared to 434.4873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1289 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 26.4936 SDG (High: 441.9738 / Low: 415.4802). On the other end, September was the most stable month, with a tight range of 6.2385 SDG (High: 448.1832 / Low: 441.9447).
Growth Streaks & Declines
TrendsBetween June and September, 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 March and April, when the average rate fell by 9.7559 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 447.9144) against the same month in 2023 (average: 429.8610), the exchange rate shifted by +18.0534 (+4.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 453.7781 | 444.3311 | 447.9144 |
| February | 449.0201 | 442.6330 | 445.2999 |
| March | 446.7259 | 430.0760 | 438.4713 |
| April | 442.3846 | 423.9771 | 428.7155 |
| May | 441.9738 | 415.4802 | 438.2561 |
| June | 441.2771 | 425.3312 | 433.0402 |
| July | 441.4103 | 422.8897 | 433.6689 |
| August | 447.2847 | 433.2796 | 440.1560 |
| September | 448.1832 | 441.9447 | 443.9714 |
| October | 445.7372 | 431.6448 | 437.1583 |
| November | 434.7729 | 426.5504 | 430.1756 |
| December | 429.2259 | 415.9104 | 421.7935 |