2024 BBD to COP Historical Review

YEARLY HIGH

2251.6909 COP

YEARLY LOW

1877.9336 COP

YEARLY AVERAGE

2036.0060 COP

2024 BBD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2251.6909. Conversely, the yearly low was recorded on April 8, dropping to 1877.9336.

This high-to-low spread represents a total annual volatility of 373.7573 COP. From a start-to-finish perspective, comparing the January average rate of 1959.8042 to the December average rate of 2195.8462, 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 2251.6909 was down 9.44% compared to the 2023 peak of 2486.3629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,258,455 COP

2023 Average 10,806,216 COP

Yearly Trough Low 9,389,668 COP

Transaction Impact: A difference of 1,868,786.38 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2229.9560

1905.0586

JanuMarcMayJulySeptNove

BBD 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 1960.8368, compared to 2111.1753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 150.3386 points.

H1 Avg (Jan–Jun) 1960.8368

H2 Avg (Jul–Dec) 2111.1753

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 165.4204 COP (High: 2089.2510 / Low: 1923.8306). On the other end, February was the most stable month, with a tight range of 36.8638 COP (High: 1982.5469 / Low: 1945.6831).

June Spread (Volatile) ±165.4204

February Spread (Stable) ±36.8638

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 16.4858 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -16.4858

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2202.8812) against the same month in 2023 (average: 2015.2237), the exchange rate shifted by +187.6575 (+9.31%).

2024 Avg (November) 2202.8812

2023 Avg (November) 2015.2237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1983.7635	1940.9995	1959.8042
February	1982.5469	1945.6831	1964.0534
March	1971.4507	1921.9815	1949.0854
April	1982.6329	1877.9336	1932.5996
May	1952.9054	1903.5840	1932.1334
June	2089.2510	1923.8306	2027.3446
July	2069.7131	1973.1589	2019.4234
August	2073.8226	1999.6909	2028.1365
September	2147.4074	2066.7414	2092.0170
October	2206.0891	2073.1328	2128.7478
November	2251.6909	2164.0789	2202.8812
December	2233.5429	2153.2543	2195.8462