YEARLY HIGH
0.3556 CAD
YEARLY LOW
0.2875 CAD
YEARLY AVERAGE
0.3442 CAD

2024 PLN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.3556. Conversely, the yearly low was recorded on January 1, dropping to 0.2875.

This high-to-low spread represents a total annual volatility of 0.0682 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3340 to the December average rate of 0.3498, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3556 was up 2.92% compared to the 2023 peak of 0.3456, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 7,113 CAD
2023 Average 6,440 CAD
Yearly Trough Low 5,749 CAD
Transaction Impact: A difference of 1,363.59 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3537
0.3323
JanuMarcMayJulySeptNove

PLN 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 0.3400, compared to 0.3485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.3400
H2 Avg (Jul–Dec) 0.3485

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0511 CAD (High: 0.3386 / Low: 0.2875). On the other end, March was the most stable month, with a tight range of 0.0051 CAD (High: 0.3443 / Low: 0.3392).

January Spread (Volatile) ±0.0511
March Spread (Stable) ±0.0051

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 September and October, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3519) against the same month in 2023 (average: 0.3146), the exchange rate shifted by +0.0374 (+11.88%).

2024 Avg (September) 0.3519
2023 Avg (September) 0.3146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3386 0.2875 0.3340
February 0.3408 0.3337 0.3368
March 0.3443 0.3392 0.3417
April 0.3460 0.3361 0.3408
May 0.3492 0.3385 0.3450
June 0.3479 0.3357 0.3413
July 0.3513 0.3410 0.3477
August 0.3550 0.3470 0.3512
September 0.3556 0.3474 0.3519
October 0.3511 0.3433 0.3473
November 0.3474 0.3364 0.3430
December 0.3521 0.3436 0.3498