YEARLY HIGH
1226.0996 COP
YEARLY LOW
1022.7478 COP
YEARLY AVERAGE
1108.6586 COP

2024 AED to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1226.0996. Conversely, the yearly low was recorded on April 8, dropping to 1022.7478.

This high-to-low spread represents a total annual volatility of 203.3519 COP. From a start-to-finish perspective, comparing the January average rate of 1067.1705 to the December average rate of 1195.6701, the exchange rate registered a net change of 12.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1226.0996 was down 9.44% compared to the 2023 peak of 1353.8742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,130,498 COP
2023 Average 5,884,457 COP
Yearly Trough Low 5,113,739 COP
Transaction Impact: A difference of 1,016,759.40 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1214.2443
1037.3438
JanuMarcMayJulySeptNove

AED to COP 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 1067.7500, compared to 1149.5672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 81.8172 points.

H1 Avg (Jan–Jun) 1067.7500
H2 Avg (Jul–Dec) 1149.5672

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 90.0509 COP (High: 1137.6265 / Low: 1047.5755). On the other end, February was the most stable month, with a tight range of 20.0729 COP (High: 1079.5246 / Low: 1059.4517).

June Spread (Volatile) ±90.0509
February Spread (Stable) ±20.0729

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 8.9514 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.9514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1199.5026) against the same month in 2023 (average: 1097.3668), the exchange rate shifted by +102.1357 (+9.31%).

2024 Avg (November) 1199.5026
2023 Avg (November) 1097.3668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1080.1870 1056.9302 1067.1705
February 1079.5246 1059.4517 1069.4679
March 1073.5103 1046.6884 1061.4029
April 1079.6008 1022.7478 1052.4515
May 1063.4133 1036.5282 1052.0855
June 1137.6265 1047.5755 1103.9215
July 1126.9878 1074.4024 1099.6040
August 1129.2255 1088.8656 1104.3570
September 1169.2935 1125.3697 1139.1376
October 1201.2464 1128.8591 1159.1319
November 1226.0996 1178.3713 1199.5026
December 1216.1954 1172.4851 1195.6701