YEARLY HIGH
15832.7771 SLL
YEARLY LOW
14499.4728 SLL
YEARLY AVERAGE
15306.5107 SLL

2024 CAD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 15832.7771. Conversely, the yearly low was recorded on December 18, dropping to 14499.4728.

This high-to-low spread represents a total annual volatility of 1333.3044 SLL. From a start-to-finish perspective, comparing the January average rate of 15628.1893 to the December average rate of 14704.5694, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15832.7771 was down 0.37% compared to the 2023 peak of 15891.7396, 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 79,163,886 SLL
2023 Average 70,672,210 SLL
Yearly Trough Low 72,497,364 SLL
Transaction Impact: A difference of 6,666,521.78 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15720.5513
14612.2074
JanuMarcMayJulySeptNove

CAD to SLL 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 15437.4098, compared to 15175.6115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 261.7982 points.

H1 Avg (Jan–Jun) 15437.4098
H2 Avg (Jul–Dec) 15175.6115

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 491.2890 SLL (High: 15539.2938 / Low: 15048.0048). On the other end, May was the most stable month, with a tight range of 152.1699 SLL (High: 15420.9157 / Low: 15268.7458).

October Spread (Volatile) ±491.2890
May Spread (Stable) ±152.1699

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 292.2183 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -292.2183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 15628.1893) against the same month in 2023 (average: 13163.4440), the exchange rate shifted by +2464.7453 (+18.72%).

2024 Avg (January) 15628.1893
2023 Avg (January) 13163.4440

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15832.7771 15503.1624 15628.1893
February 15666.7688 15443.9145 15539.1949
March 15586.7198 15389.8939 15486.2181
April 15504.8360 15171.6529 15328.4679
May 15420.9157 15268.7458 15342.5534
June 15396.6061 15220.1052 15299.8351
July 15401.2537 15132.7412 15289.6352
August 15593.2453 15104.9992 15344.7241
September 15624.5692 15407.0814 15477.7364
October 15539.2938 15048.0048 15240.2164
November 15157.0567 14870.4039 14996.7878
December 14963.6781 14499.4728 14704.5694