2024 BWP to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 333.9708. Conversely, the yearly low was recorded on April 30, dropping to 273.2619.
This high-to-low spread represents a total annual volatility of 60.7089 COP. From a start-to-finish perspective, comparing the January average rate of 288.6275 to the December average rate of 320.2119, the exchange rate registered a net change of 10.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 333.9708 was down 14.06% compared to the 2023 peak of 388.6165, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BWP 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 287.2139, compared to 313.6450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.4310 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 28.5610 COP (High: 309.6230 / Low: 281.0620). On the other end, February was the most stable month, with a tight range of 5.0061 COP (High: 289.1284 / Low: 284.1222).
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 November and December, when the average rate fell by 5.1691 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 325.3809) against the same month in 2023 (average: 298.2149), the exchange rate shifted by +27.1661 (+9.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 292.0248 | 284.7845 | 288.6275 |
| February | 289.1284 | 284.1222 | 286.5550 |
| March | 289.5314 | 280.5785 | 285.3437 |
| April | 287.3589 | 273.2619 | 281.0760 |
| May | 287.6523 | 274.4951 | 284.0800 |
| June | 309.6230 | 281.0620 | 297.6014 |
| July | 306.7116 | 292.0031 | 298.1119 |
| August | 311.4181 | 298.2302 | 302.4035 |
| September | 321.9946 | 310.5970 | 315.9647 |
| October | 330.2089 | 313.6185 | 319.7969 |
| November | 333.9708 | 319.6023 | 325.3809 |
| December | 327.2181 | 315.5177 | 320.2119 |