Exchange Rate Calculator

The exchange rate between the Chinese Yuan (CNY) and the Canadian Dollar (CAD) has experienced notable fluctuations over the past few months. This report analyzes the trends observed from December 2024 through March 2025, highlighting key movements and potential influencing factors.

Exchange Rate Trends: December 2024 to March 2025

December 2024:

• High: On December 18, 2024, the CNY reached its peak for the month at 0.1983 CAD.

• Low: The lowest exchange rate was recorded on December 3, 2024, at 0.1931 CAD.

• Average: Throughout December, the average exchange rate was approximately 0.1966 CAD.

January 2025:

• High: The CNY peaked at 0.2024 CAD on January 31, 2025.

• Low: The lowest rate in January was 0.1955 CAD on January 6, 2025.

• Average: The average exchange rate for the month was around 0.1974 CAD.

February 2025:

• High: The highest exchange rate was 0.2001 CAD on February 3, 2025.

• Low: The lowest rate occurred on February 13, 2025, at 0.1942 CAD.

• Average: February's average exchange rate stood at approximately 0.1965 CAD.

March 2025:

• High: The CNY reached a high of 0.1996 CAD on March 11, 2025.

• Low: The lowest rate was 0.1971 CAD on March 6, 2025.

• Average: The average exchange rate for March was about 0.1985 CAD.

Analysis of Exchange Rate Movements

The data indicates a general upward trend in the CNY/CAD exchange rate from December 2024 through March 2025. The CNY appreciated against the CAD, with the highest rate of 0.2024 CAD per CNY observed at the end of January 2025. This represents an increase of approximately 4.8% from the lowest rate in December 2024.

Several factors may have contributed to this appreciation:

1. Economic Performance: China's robust economic growth during this period could have bolstered investor confidence, leading to increased demand for the Yuan.

2. Trade Relations: Improved trade relations between China and Canada may have influenced the exchange rate dynamics, affecting the demand and supply of both currencies.

3. Monetary Policies: Divergent monetary policies between the People's Bank of China and the Bank of Canada could have impacted currency valuations.

Implications for Stakeholders

For businesses and investors engaged in Sino-Canadian trade or investments, understanding these exchange rate trends is crucial. The appreciation of the Yuan against the Canadian Dollar may affect pricing strategies, profit margins, and investment returns.

Conclusion

The CNY/CAD exchange rate has shown a notable upward trend over the past few months, with the Yuan strengthening against the Canadian Dollar. This movement underscores the importance of monitoring economic indicators, trade relations, and monetary policies that influence currency valuations.