2024 CAD to WST Historical Review

YEARLY HIGH

2.1141 WST

YEARLY LOW

1.9361 WST

YEARLY AVERAGE

2.0438 WST

2024 CAD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.1141. Conversely, the yearly low was recorded on December 18, dropping to 1.9361.

This high-to-low spread represents a total annual volatility of 0.1780 WST. From a start-to-finish perspective, comparing the January average rate of 2.0868 to the December average rate of 1.9635, 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 2.1141 was down 0.36% compared to the 2023 peak of 2.1217, 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 10,571 WST

2023 Average 10,119 WST

Yearly Trough Low 9,680 WST

Transaction Impact: A difference of 890.16 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0991

1.9511

JanuMarcMayJulySeptNove

CAD to WST 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 2.0613, compared to 2.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 2.0613

H2 Avg (Jul–Dec) 2.0264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0656 WST (High: 2.0749 / Low: 2.0093). On the other end, May was the most stable month, with a tight range of 0.0203 WST (High: 2.0591 / Low: 2.0388).

October Spread (Volatile) ±0.0656

May Spread (Stable) ±0.0203

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 0.0390 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.0868) against the same month in 2023 (average: 2.0101), the exchange rate shifted by +0.0767 (+3.81%).

2024 Avg (January) 2.0868

2023 Avg (January) 2.0101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1141	2.0701	2.0868
February	2.0919	2.0622	2.0749
March	2.0813	2.0550	2.0678
April	2.0703	2.0258	2.0468
May	2.0591	2.0388	2.0486
June	2.0559	2.0323	2.0429
July	2.0565	2.0206	2.0416
August	2.0821	2.0169	2.0489
September	2.0863	2.0573	2.0667
October	2.0749	2.0093	2.0350
November	2.0239	1.9856	2.0025
December	1.9981	1.9361	1.9635