YEARLY HIGH
0.0078 CAD
YEARLY LOW
0.0074 CAD
YEARLY AVERAGE
0.0076 CAD

2023 DJF to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0078. Conversely, the yearly low was recorded on July 13, dropping to 0.0074.

This high-to-low spread represents a total annual volatility of 0.0005 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0076 to the December average rate of 0.0075, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0078 was up 0.58% compared to the 2022 peak of 0.0078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39 CAD
2022 Average 37 CAD
Yearly Trough Low 37 CAD
Transaction Impact: A difference of 2.34 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0077
0.0074
JanuMarcMayJulySeptNove

DJF 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 0.0076, compared to 0.0076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0076
H2 Avg (Jul–Dec) 0.0076

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0003 CAD (High: 0.0078 / Low: 0.0075). On the other end, July was the most stable month, with a tight range of 0.0002 CAD (High: 0.0075 / Low: 0.0074).

April Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0077) against the same month in 2022 (average: 0.0071), the exchange rate shifted by +0.0006 (+8.59%).

2023 Avg (March) 0.0077
2022 Avg (March) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0077 0.0075 0.0076
February 0.0077 0.0075 0.0076
March 0.0078 0.0076 0.0077
April 0.0078 0.0075 0.0076
May 0.0077 0.0075 0.0076
June 0.0076 0.0074 0.0075
July 0.0075 0.0074 0.0074
August 0.0077 0.0075 0.0076
September 0.0077 0.0075 0.0076
October 0.0078 0.0076 0.0077
November 0.0078 0.0076 0.0077
December 0.0076 0.0074 0.0075