2024 BND to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 March and April, when the average rate fell by 58.0323 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |