2024 CVE to CAD Historical Review

YEARLY HIGH

0.0138 CAD

YEARLY LOW

0.0131 CAD

YEARLY AVERAGE

0.0134 CAD

2024 CVE to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0138. Conversely, the yearly low was recorded on February 15, dropping to 0.0131.

This high-to-low spread represents a total annual volatility of 0.0007 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0136, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0138 was up 1.15% compared to the 2023 peak of 0.0136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 69 CAD

2023 Average 66 CAD

Yearly Trough Low 66 CAD

Transaction Impact: A difference of 3.39 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0137

0.0132

JanuMarcMayJulySeptNove

CVE to CAD 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 0.0133, compared to 0.0136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0133

H2 Avg (Jul–Dec) 0.0136

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 CAD (High: 0.0138 / Low: 0.0132). On the other end, January was the most stable month, with a tight range of 0.0002 CAD (High: 0.0134 / Low: 0.0132).

November Spread (Volatile) ±0.0006

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0135) against the same month in 2023 (average: 0.0134), the exchange rate shifted by +0.0001 (+0.52%).

2024 Avg (November) 0.0135

2023 Avg (November) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0134	0.0132	0.0133
February	0.0133	0.0131	0.0132
March	0.0134	0.0132	0.0133
April	0.0135	0.0132	0.0133
May	0.0135	0.0132	0.0134
June	0.0136	0.0132	0.0134
July	0.0136	0.0133	0.0135
August	0.0137	0.0135	0.0136
September	0.0138	0.0135	0.0136
October	0.0137	0.0135	0.0136
November	0.0138	0.0132	0.0135
December	0.0138	0.0134	0.0136