2024 CAD to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 188.9333. Conversely, the yearly low was recorded on December 18, dropping to 172.7404.
This high-to-low spread represents a total annual volatility of 16.1928 YER. From a start-to-finish perspective, comparing the January average rate of 186.5766 to the December average rate of 175.3600, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 188.9333 was down 1.04% compared to the 2023 peak of 190.9181, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CAD to YER Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 184.2895, compared to 181.0899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1996 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 5.9431 YER (High: 178.6836 / Low: 172.7404). On the other end, May was the most stable month, with a tight range of 1.4490 YER (High: 183.7391 / Low: 182.2901).
Growth Streaks & Declines
TrendsBetween 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 3.3754 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 186.5766) against the same month in 2023 (average: 186.5361), the exchange rate shifted by +0.0405 (+0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 188.9333 | 185.0517 | 186.5766 |
| February | 187.0046 | 184.3787 | 185.4773 |
| March | 186.0862 | 183.7731 | 184.8938 |
| April | 185.1272 | 181.1308 | 183.0174 |
| May | 183.7391 | 182.2901 | 183.0959 |
| June | 183.8532 | 181.7638 | 182.6760 |
| July | 183.9087 | 180.6324 | 182.5373 |
| August | 185.7737 | 180.3351 | 183.1903 |
| September | 186.5009 | 183.9416 | 184.7710 |
| October | 185.5015 | 179.6368 | 181.9457 |
| November | 180.5771 | 177.1974 | 178.7354 |
| December | 178.6836 | 172.7404 | 175.3600 |