2024 BAM to COP Historical Review

YEARLY HIGH

2481.5408 COP

YEARLY LOW

2081.7061 COP

YEARLY AVERAGE

2252.6597 COP

2024 BAM to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 2481.5408. Conversely, the yearly low was recorded on April 13, dropping to 2081.7061.

This high-to-low spread represents a total annual volatility of 399.8347 COP. From a start-to-finish perspective, comparing the January average rate of 2187.3406 to the December average rate of 2353.3113, the exchange rate registered a net change of 7.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2481.5408 was down 8.20% compared to the 2023 peak of 2703.2015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,407,704 COP

2023 Average 11,952,698 COP

Yearly Trough Low 10,408,530 COP

Transaction Impact: A difference of 1,999,173.58 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2423.1492

2093.5501

JanuMarcMayJulySeptNove

BAM 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 2168.3088, compared to 2337.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 168.7018 points.

H1 Avg (Jan–Jun) 2168.3088

H2 Avg (Jul–Dec) 2337.0107

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 156.0162 COP (High: 2481.5408 / Low: 2325.5246). On the other end, May was the most stable month, with a tight range of 43.9413 COP (High: 2153.9437 / Low: 2110.0024).

November Spread (Volatile) ±156.0162

May Spread (Stable) ±43.9413

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 45.3953 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -45.3953

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2395.6826) against the same month in 2023 (average: 2227.4595), the exchange rate shifted by +168.2231 (+7.55%).

2024 Avg (November) 2395.6826

2023 Avg (November) 2227.4595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2212.3131	2164.3611	2187.3406
February	2201.8146	2142.8954	2168.7806
March	2195.3812	2127.4776	2166.4121
April	2169.6644	2081.7061	2121.0167
May	2153.9437	2110.0024	2135.2293
June	2287.2128	2133.3690	2231.0735
July	2274.8537	2198.1677	2240.7177
August	2338.2314	2234.7739	2283.1943
September	2426.8069	2338.8497	2377.0146
October	2446.4599	2325.7708	2372.1434
November	2481.5408	2325.5246	2395.6826
December	2401.8527	2311.4623	2353.3113