2023 CAD to STD Historical Review

YEARLY HIGH

17405.6871 STD

YEARLY LOW

16051.4354 STD

YEARLY AVERAGE

16737.5811 STD

2023 CAD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 17405.6871. Conversely, the yearly low was recorded on October 28, dropping to 16051.4354.

This high-to-low spread represents a total annual volatility of 1354.2518 STD. From a start-to-finish perspective, comparing the January average rate of 17007.7737 to the December average rate of 16616.3747, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 17405.6871 was down 5.28% compared to the 2022 peak of 18376.8916, 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 87,028,436 STD

2022 Average 85,170,114 STD

Yearly Trough Low 80,257,177 STD

Transaction Impact: A difference of 6,771,258.83 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17293.9774

16153.8202

JanuMarcMayJulySeptNove

CAD to STD 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 16927.1349, compared to 16548.0272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 379.1076 points.

H1 Avg (Jan–Jun) 16927.1349

H2 Avg (Jul–Dec) 16548.0272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 592.4066 STD (High: 17405.6871 / Low: 16813.2805). On the other end, September was the most stable month, with a tight range of 290.6040 STD (High: 16574.5889 / Low: 16283.9850).

July Spread (Volatile) ±592.4066

September Spread (Stable) ±290.6040

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 674.7154 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -674.7154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 17198.9643) against the same month in 2022 (average: 17235.5466), the exchange rate shifted by -36.5823 (-0.21%).

2023 Avg (July) 17198.9643

2022 Avg (July) 17235.5466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17153.0537	16691.9517	17007.7737
February	17194.1457	16725.7122	16960.4944
March	16877.7424	16468.1197	16659.8686
April	17107.2453	16686.0332	16886.2463
May	17067.7029	16710.4664	16871.2426
June	17360.0660	16970.6831	17177.1835
July	17405.6871	16813.2805	17198.9643
August	16789.2100	16371.0371	16524.2489
September	16574.5889	16283.9850	16443.9790
October	16415.2396	16051.4354	16248.8333
November	16435.5572	16105.3849	16255.7631
December	16883.8736	16387.4721	16616.3747