2024 AFN to COP Historical Review

YEARLY HIGH

67.1497 COP

YEARLY LOW

52.0260 COP

YEARLY AVERAGE

57.8494 COP

2024 AFN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 67.1497. Conversely, the yearly low was recorded on February 3, dropping to 52.0260.

This high-to-low spread represents a total annual volatility of 15.1237 COP. From a start-to-finish perspective, comparing the January average rate of 54.8062 to the December average rate of 63.2763, the exchange rate registered a net change of 15.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 67.1497 was up 13.47% compared to the 2023 peak of 59.1804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 335,748 COP

2023 Average 262,110 COP

Yearly Trough Low 260,130 COP

Transaction Impact: A difference of 75,618.25 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

66.2432

52.5492

JanuMarcMayJulySeptNove

AFN 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 54.6255, compared to 61.0734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4479 points.

H1 Avg (Jan–Jun) 54.6255

H2 Avg (Jul–Dec) 61.0734

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 5.7173 COP (High: 66.2467 / Low: 60.5294). On the other end, May was the most stable month, with a tight range of 1.7271 COP (High: 54.7157 / Low: 52.9886).

October Spread (Volatile) ±5.7173

May Spread (Stable) ±1.7271

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 November and December, when the average rate fell by 1.8257 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.8257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 65.1021) against the same month in 2023 (average: 56.4437), the exchange rate shifted by +8.6583 (+15.34%).

2024 Avg (November) 65.1021

2023 Avg (November) 56.4437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.3532	52.8569	54.8062
February	54.7605	52.0260	53.6904
March	54.7374	52.8864	54.0064
April	54.8595	52.3851	53.8414
May	54.7157	52.9886	53.9160
June	59.4198	53.7638	57.4924
July	58.4561	55.6825	57.0760
August	59.0330	56.3329	57.2943
September	61.3443	58.5362	60.2032
October	66.2467	60.5294	63.4885
November	67.1497	63.3279	65.1021
December	65.8785	61.5375	63.2763