2024 CAD to STD Historical Review

YEARLY HIGH

16823.6140 STD

YEARLY LOW

15406.8696 STD

YEARLY AVERAGE

16264.4130 STD

2024 CAD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 16823.6140. Conversely, the yearly low was recorded on December 18, dropping to 15406.8696.

This high-to-low spread represents a total annual volatility of 1416.7444 STD. From a start-to-finish perspective, comparing the January average rate of 16606.2228 to the December average rate of 15624.8015, 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 16823.6140 was down 3.34% compared to the 2023 peak of 17405.6871, 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 84,118,070 STD

2023 Average 83,681,308 STD

Yearly Trough Low 77,034,348 STD

Transaction Impact: A difference of 7,083,721.84 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16704.3649

15526.6594

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 16403.5040, compared to 16125.3221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 278.1819 points.

H1 Avg (Jan–Jun) 16403.5040

H2 Avg (Jul–Dec) 16125.3221

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 522.0345 STD (High: 16511.7641 / Low: 15989.7295). On the other end, May was the most stable month, with a tight range of 161.6929 STD (High: 16385.9777 / Low: 16224.2848).

October Spread (Volatile) ±522.0345

May Spread (Stable) ±161.6929

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 310.5058 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -310.5058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 16606.2228) against the same month in 2023 (average: 17007.7737), the exchange rate shifted by -401.5509 (-2.36%).

2024 Avg (January) 16606.2228

2023 Avg (January) 17007.7737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16823.6140	16473.3716	16606.2228
February	16647.2166	16410.4158	16511.6590
March	16562.1581	16353.0146	16455.3668
April	16475.1499	16121.1157	16287.7443
May	16385.9777	16224.2848	16302.7114
June	16360.1467	16172.6003	16257.3197
July	16365.0853	16079.7688	16246.4815
August	16569.0919	16050.2907	16305.0179
September	16602.3762	16371.2776	16446.3543
October	16511.7641	15989.7295	16193.9700
November	16105.6061	15801.0141	15935.3073
December	15900.1256	15406.8696	15624.8015