2024 BOB to COP Historical Review

YEARLY HIGH

650.6447 COP

YEARLY LOW

543.8522 COP

YEARLY AVERAGE

589.0921 COP

2024 BOB to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 650.6447. Conversely, the yearly low was recorded on April 8, dropping to 543.8522.

This high-to-low spread represents a total annual volatility of 106.7925 COP. From a start-to-finish perspective, comparing the January average rate of 567.3313 to the December average rate of 635.5575, the exchange rate registered a net change of 12.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 650.6447 was down 9.61% compared to the 2023 peak of 719.7998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,253,224 COP

2023 Average 3,128,801 COP

Yearly Trough Low 2,719,261 COP

Transaction Impact: A difference of 533,962.59 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

644.5650

550.6566

JanuMarcMayJulySeptNove

BOB 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 567.3724, compared to 610.8118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.4393 points.

H1 Avg (Jan–Jun) 567.3724

H2 Avg (Jul–Dec) 610.8118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 47.4061 COP (High: 604.6105 / Low: 557.2044). On the other end, February was the most stable month, with a tight range of 10.9198 COP (High: 573.7790 / Low: 562.8592).

June Spread (Volatile) ±47.4061

February Spread (Stable) ±10.9198

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 5.7020 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.7020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 636.7393) against the same month in 2023 (average: 583.9694), the exchange rate shifted by +52.7698 (+9.04%).

2024 Avg (November) 636.7393

2023 Avg (November) 583.9694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	574.1893	561.0594	567.3313
February	573.7790	562.8592	568.2524
March	570.4503	556.1984	564.1843
April	570.3534	543.8522	558.4823
May	565.1778	551.0404	559.2602
June	604.6105	557.2044	586.7242
July	599.0519	571.0790	584.6231
August	600.0247	578.3365	587.4226
September	621.6850	597.4820	605.2099
October	638.8728	599.0680	615.3183
November	650.6447	622.1027	636.7393
December	646.0717	621.4099	635.5575