2024 XCD to CAD Historical Review

YEARLY HIGH

0.5351 CAD

YEARLY LOW

0.4901 CAD

YEARLY AVERAGE

0.5071 CAD

2024 XCD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5351. Conversely, the yearly low was recorded on January 1, dropping to 0.4901.

This high-to-low spread represents a total annual volatility of 0.0451 CAD. From a start-to-finish perspective, comparing the January average rate of 0.4965 to the December average rate of 0.5277, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5351 was up 4.18% compared to the 2023 peak of 0.5136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,676 CAD

2023 Average 2,498 CAD

Yearly Trough Low 2,450 CAD

Transaction Impact: A difference of 225.32 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5308

0.4934

JanuMarcMayJulySeptNove

XCD 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 0.5027, compared to 0.5115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.5027

H2 Avg (Jul–Dec) 0.5115

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0166 CAD (High: 0.5351 / Low: 0.5185). On the other end, May was the most stable month, with a tight range of 0.0050 CAD (High: 0.5082 / Low: 0.5032).

December Spread (Volatile) ±0.0166

May Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5277) against the same month in 2023 (average: 0.4962), the exchange rate shifted by +0.0315 (+6.34%).

2024 Avg (December) 0.5277

2023 Avg (December) 0.4962

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5005	0.4901	0.4965
February	0.5024	0.4953	0.4993
March	0.5042	0.4978	0.5010
April	0.5114	0.5004	0.5062
May	0.5082	0.5032	0.5057
June	0.5098	0.5040	0.5071
July	0.5127	0.5038	0.5075
August	0.5137	0.4976	0.5057
September	0.5036	0.4966	0.5013
October	0.5156	0.4993	0.5092
November	0.5218	0.5119	0.5174
December	0.5351	0.5185	0.5277