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Chinese Yuan to Canadian Dollar (CNY/CAD) Forecast for 2024
Updated: April 19, 2024 12:48
Inverse rate: CAD to CNY
Yuan to Canadian Dollar price online today
How much will the CNY/CAD currency pair cost in 2024? What is the forecast for the CNY/CAD currency pair? What is the target price of the Yuan / Canadian Dollar currency pair for 2024?
Will the Yuan rise or fall against the Canadian Dollar?
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Chinese Yuan / Canadian Dollar currency pair are presented below in the form of graphs, tables and text information.
How much will the Yuan (CNY) cost against the Canadian Dollar (CAD) in January, February, March, April, May, June, July, August, September, October, November, December 2024?
Historical and forecast chart of the Yuan/Canadian Dollar currency pair for 2024
The chart below shows the historical quotes of the CNY/CAD pair and the forecast chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Yuan/Canadian Dollar rates for 2024 can be found in the table below.
Long-term forecasts by years.
Yuan / Canadian Dollar (CNY/CAD) Forecast 2024 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May | 0.1941 | 0.1924 | 0.1954 | 1.55 % |
| Jun | 0.1978 | 0.1961 | 0.2013 | 2.55 % |
| Jul | 0.1985 | 0.1949 | 0.2000 | 2.53 % |
| Aug | 0.2000 | 0.1969 | 0.2036 | 3.30 % |
| Sep | 0.1977 | 0.1967 | 0.2008 | 2.07 % |
| Oct | 0.2013 | 0.1990 | 0.2052 | 3.01 % |
| Nov | 0.2051 | 0.2014 | 0.2090 | 3.60 % |
| Dec | 0.2052 | 0.2021 | 0.2070 | 2.40 % |
Pes. - the level of the pessimistic forecast.
Opt. - the level of the optimistic forecast.
Vol., % - expected volatility.