2024 GMD to CAD Historical Review

YEARLY HIGH

0.0204 CAD

YEARLY LOW

0.0189 CAD

YEARLY AVERAGE

0.0199 CAD

2024 GMD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0204. Conversely, the yearly low was recorded on August 27, dropping to 0.0189.

This high-to-low spread represents a total annual volatility of 0.0015 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0199 to the December average rate of 0.0199, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0204 was down 10.76% compared to the 2023 peak of 0.0229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102 CAD

2023 Average 109 CAD

Yearly Trough Low 95 CAD

Transaction Impact: A difference of 7.53 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0203

0.0194

JanuMarcMayJulySeptNove

GMD 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 0.0201, compared to 0.0198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0201

H2 Avg (Jul–Dec) 0.0198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0012 CAD (High: 0.0201 / Low: 0.0189). On the other end, May was the most stable month, with a tight range of 0.0002 CAD (High: 0.0203 / Low: 0.0200).

August Spread (Volatile) ±0.0012

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0202) against the same month in 2023 (average: 0.0222), the exchange rate shifted by -0.0020 (-8.84%).

2024 Avg (July) 0.0202

2023 Avg (July) 0.0222

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0201	0.0197	0.0199
February	0.0201	0.0199	0.0200
March	0.0201	0.0198	0.0199
April	0.0203	0.0199	0.0201
May	0.0203	0.0200	0.0202
June	0.0203	0.0201	0.0202
July	0.0204	0.0199	0.0202
August	0.0201	0.0189	0.0196
September	0.0198	0.0191	0.0195
October	0.0202	0.0193	0.0199
November	0.0199	0.0193	0.0197
December	0.0201	0.0196	0.0199