2024 BRL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 809.1574. Conversely, the yearly low was recorded on December 25, dropping to 656.0794.
This high-to-low spread represents a total annual volatility of 153.0781 COP. From a start-to-finish perspective, comparing the January average rate of 798.5352 to the December average rate of 717.6043, the exchange rate registered a net change of -10.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 809.1574 was down 16.16% compared to the 2023 peak of 965.1095, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BRL 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 771.5772, compared to 741.4349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.1423 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 82.8438 COP (High: 738.9231 / Low: 656.0794). On the other end, February was the most stable month, with a tight range of 19.0708 COP (High: 803.6429 / Low: 784.5721).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 41.3843 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 798.5352) against the same month in 2023 (average: 908.4962), the exchange rate shifted by -109.9610 (-12.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 809.1574 | 784.7172 | 798.5352 |
| February | 803.6429 | 784.5721 | 791.2155 |
| March | 797.1255 | 769.0919 | 782.1634 |
| April | 775.0260 | 740.4803 | 753.9995 |
| May | 769.3602 | 735.3282 | 752.2810 |
| June | 774.1185 | 728.6476 | 751.2688 |
| July | 747.8373 | 710.7918 | 729.0699 |
| August | 746.3764 | 703.9653 | 730.2931 |
| September | 773.7319 | 735.8286 | 755.3267 |
| October | 777.4313 | 744.4117 | 757.3267 |
| November | 776.9207 | 727.9430 | 758.9886 |
| December | 738.9231 | 656.0794 | 717.6043 |