YEARLY HIGH
3379.7105 COP
YEARLY LOW
2790.6467 COP
YEARLY AVERAGE
3048.6743 COP

2024 BND to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 3379.7105. Conversely, the yearly low was recorded on April 8, dropping to 2790.6467.

This high-to-low spread represents a total annual volatility of 589.0638 COP. From a start-to-finish perspective, comparing the January average rate of 2935.9700 to the December average rate of 3253.1797, the exchange rate registered a net change of 10.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3379.7105 was down 8.96% compared to the 2023 peak of 3712.2609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,898,553 COP
2023 Average 16,104,456 COP
Yearly Trough Low 13,953,234 COP
Transaction Impact: A difference of 2,945,318.80 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3341.9514
2805.2730
JanuMarcMayJulySeptNove

BND 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 2912.3316, compared to 3185.0170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 272.6854 points.

H1 Avg (Jan–Jun) 2912.3316
H2 Avg (Jul–Dec) 3185.0170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 232.4151 COP (High: 3082.9758 / Low: 2850.5607). On the other end, January was the most stable month, with a tight range of 52.9012 COP (High: 2964.3045 / Low: 2911.4034).

June Spread (Volatile) ±232.4151
January Spread (Stable) ±52.9012

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 58.0323 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -58.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 3297.2282) against the same month in 2023 (average: 2989.2791), the exchange rate shifted by +307.9492 (+10.30%).

2024 Avg (November) 3297.2282
2023 Avg (November) 2989.2791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2964.3045 2911.4034 2935.9700
February 2952.4395 2897.3910 2921.2972
March 2946.9248 2859.2236 2908.0286
April 2906.0594 2790.6467 2849.9962
May 2892.9403 2825.1805 2859.7386
June 3082.9758 2850.5607 2998.9587
July 3053.8543 2936.5783 3000.0039
August 3167.6755 3028.7366 3083.1339
September 3299.8328 3168.4704 3227.3507
October 3339.7836 3180.9248 3249.2056
November 3379.7105 3239.5025 3297.2282
December 3319.8193 3192.1746 3253.1797