YEARLY HIGH
2230.4589 COP
YEARLY LOW
1868.3100 COP
YEARLY AVERAGE
2020.7122 COP

2024 BZD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 2230.4589. Conversely, the yearly low was recorded on April 8, dropping to 1868.3100.

This high-to-low spread represents a total annual volatility of 362.1489 COP. From a start-to-finish perspective, comparing the January average rate of 1944.8572 to the December average rate of 2182.5904, the exchange rate registered a net change of 12.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2230.4589 was down 9.61% compared to the 2023 peak of 2467.5637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,152,294 COP
2023 Average 10,728,022 COP
Yearly Trough Low 9,341,550 COP
Transaction Impact: A difference of 1,810,744.58 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2212.0135
1891.1297
JanuMarcMayJulySeptNove

BZD 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 1946.0029, compared to 2095.4216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 149.4186 points.

H1 Avg (Jan–Jun) 1946.0029
H2 Avg (Jul–Dec) 2095.4216

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 161.7846 COP (High: 2071.8588 / Low: 1910.0742). On the other end, February was the most stable month, with a tight range of 38.1321 COP (High: 1967.7806 / Low: 1929.6485).

June Spread (Volatile) ±161.7846
February Spread (Stable) ±38.1321

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 16.7491 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -16.7491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2185.2732) against the same month in 2023 (average: 2001.9153), the exchange rate shifted by +183.3579 (+9.16%).

2024 Avg (November) 2185.2732
2023 Avg (November) 2001.9153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1968.3630 1923.3883 1944.8572
February 1967.7806 1929.6485 1948.4341
March 1955.4764 1906.7684 1935.0550
April 1962.3704 1868.3100 1918.3059
May 1937.6426 1888.9288 1917.8700
June 2071.8588 1910.0742 2011.4953
July 2053.5211 1957.6659 2004.3673
August 2057.0627 1982.5507 2014.1059
September 2131.2568 2048.2343 2075.3886
October 2190.1383 2058.1259 2110.8040
November 2230.4589 2137.4050 2185.2732
December 2226.5559 2137.8786 2182.5904