2024 ALL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ALL to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ALL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 49.3241. Conversely, the yearly low was recorded on April 3, dropping to 39.9103.
This high-to-low spread represents a total annual volatility of 9.4138 COP. From a start-to-finish perspective, comparing the January average rate of 41.1698 to the December average rate of 46.8018, the exchange rate registered a net change of 13.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 49.3241 was up 6.19% compared to the 2023 peak of 46.4503, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ALL to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 41.4718, compared to 46.1216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6499 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 3.0561 COP (High: 44.5903 / Low: 41.5341). On the other end, May was the most stable month, with a tight range of 0.7931 COP (High: 41.8962 / Low: 41.1031).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9593 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 47.7611) against the same month in 2023 (average: 41.9695), the exchange rate shifted by +5.7916 (+13.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.6427 | 40.6702 | 41.1698 |
| February | 41.4691 | 40.3970 | 40.8273 |
| March | 41.4527 | 40.3589 | 40.9738 |
| April | 42.0766 | 39.9103 | 40.8476 |
| May | 41.8962 | 41.1031 | 41.5487 |
| June | 44.5903 | 41.5341 | 43.4635 |
| July | 44.3674 | 42.7860 | 43.6770 |
| August | 45.8694 | 43.6563 | 44.7016 |
| September | 47.5880 | 45.8800 | 46.7664 |
| October | 48.8091 | 46.0145 | 47.0219 |
| November | 49.3241 | 46.3348 | 47.7611 |
| December | 47.7337 | 46.0308 | 46.8018 |