YEARLY HIGH
2649.0481 COP
YEARLY LOW
2209.3337 COP
YEARLY AVERAGE
2395.1625 COP

2024 AZN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2649.0481. Conversely, the yearly low was recorded on April 8, dropping to 2209.3337.

This high-to-low spread represents a total annual volatility of 439.7144 COP. From a start-to-finish perspective, comparing the January average rate of 2305.1824 to the December average rate of 2583.3484, the exchange rate registered a net change of 12.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2649.0481 was down 9.44% compared to the 2023 peak of 2925.1328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,245,241 COP
2023 Average 12,712,526 COP
Yearly Trough Low 11,046,668 COP
Transaction Impact: A difference of 2,198,572.21 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2623.4776
2241.2454
JanuMarcMayJulySeptNove

AZN 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 2306.5892, compared to 2483.7357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 177.1464 points.

H1 Avg (Jan–Jun) 2306.5892
H2 Avg (Jul–Dec) 2483.7357

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 194.6123 COP (High: 2457.9424 / Low: 2263.3301). On the other end, February was the most stable month, with a tight range of 43.3692 COP (High: 2332.4081 / Low: 2289.0389).

June Spread (Volatile) ±194.6123
February Spread (Stable) ±43.3692

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 19.1619 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -19.1619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2591.6250) against the same month in 2023 (average: 2370.3594), the exchange rate shifted by +221.2655 (+9.33%).

2024 Avg (November) 2591.6250
2023 Avg (November) 2370.3594

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2333.8394 2283.5288 2305.1824
February 2332.4081 2289.0389 2310.6510
March 2319.3538 2261.1547 2292.3273
April 2332.5092 2209.3337 2273.1653
May 2297.5357 2239.5106 2273.0981
June 2457.9424 2263.3301 2385.1113
July 2434.9566 2321.3634 2375.7922
August 2439.7913 2352.5775 2386.0429
September 2526.3617 2431.4604 2461.1964
October 2595.3989 2438.9797 2504.4091
November 2649.0481 2545.9752 2591.6250
December 2627.6975 2533.2403 2583.3484