2024 CAD to XDR Historical Review

YEARLY HIGH

0.5642 XDR

YEARLY LOW

0.5275 XDR

YEARLY AVERAGE

0.5497 XDR

2024 CAD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5642. Conversely, the yearly low was recorded on December 18, dropping to 0.5275.

This high-to-low spread represents a total annual volatility of 0.0367 XDR. From a start-to-finish perspective, comparing the January average rate of 0.5581 to the December average rate of 0.5346, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5642 was down 1.04% compared to the 2023 peak of 0.5701, 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 2,821 XDR

2023 Average 2,775 XDR

Yearly Trough Low 2,637 XDR

Transaction Impact: A difference of 183.45 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5607

0.5323

JanuMarcMayJulySeptNove

CAD to XDR 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 0.5553, compared to 0.5441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.5553

H2 Avg (Jul–Dec) 0.5441

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0174 XDR (High: 0.5448 / Low: 0.5275). On the other end, May was the most stable month, with a tight range of 0.0066 XDR (High: 0.5567 / Low: 0.5501).

December Spread (Volatile) ±0.0174

May Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0065 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5581) against the same month in 2023 (average: 0.5547), the exchange rate shifted by +0.0035 (+0.63%).

2024 Avg (January) 0.5581

2023 Avg (January) 0.5547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5642	0.5541	0.5581
February	0.5637	0.5538	0.5583
March	0.5591	0.5492	0.5553
April	0.5584	0.5461	0.5535
May	0.5567	0.5501	0.5535
June	0.5569	0.5475	0.5528
July	0.5580	0.5442	0.5514
August	0.5536	0.5381	0.5477
September	0.5515	0.5448	0.5471
October	0.5498	0.5391	0.5428
November	0.5462	0.5346	0.5411
December	0.5448	0.5275	0.5346