2024 CAD to COP Historical Review

YEARLY HIGH

3205.3214 COP

YEARLY LOW

2767.4645 COP

YEARLY AVERAGE

2970.6234 COP

2024 CAD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 3205.3214. Conversely, the yearly low was recorded on April 8, dropping to 2767.4645.

This high-to-low spread represents a total annual volatility of 437.8568 COP. From a start-to-finish perspective, comparing the January average rate of 2921.1699 to the December average rate of 3079.6738, the exchange rate registered a net change of 5.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3205.3214 was down 12.68% compared to the 2023 peak of 3670.9757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,026,607 COP

2023 Average 16,007,957 COP

Yearly Trough Low 13,837,323 COP

Transaction Impact: A difference of 2,189,284.23 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3183.3410

2792.7335

JanuMarcMayJulySeptNove

CAD 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 2886.9672, compared to 3054.2795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 167.3123 points.

H1 Avg (Jan–Jun) 2886.9672

H2 Avg (Jul–Dec) 3054.2795

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 233.4807 COP (High: 3051.2264 / Low: 2817.7457). On the other end, February was the most stable month, with a tight range of 46.3682 COP (High: 2936.3962 / Low: 2890.0280).

June Spread (Volatile) ±233.4807

February Spread (Stable) ±46.3682

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 November and December, when the average rate fell by 71.1165 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -71.1165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 3150.7904) against the same month in 2023 (average: 2940.3581), the exchange rate shifted by +210.4323 (+7.16%).

2024 Avg (November) 3150.7904

2023 Avg (November) 2940.3581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2946.0963	2897.0123	2921.1699
February	2936.3962	2890.0280	2910.8638
March	2913.1302	2843.3509	2878.8395
April	2901.8926	2767.4645	2825.2841
May	2858.1647	2788.8899	2827.2966
June	3051.2264	2817.7457	2958.3494
July	3017.0453	2886.5372	2944.8561
August	3059.1258	2917.1270	2968.1895
September	3162.4866	3058.1101	3088.2153
October	3166.2404	3044.0824	3093.9519
November	3205.3214	3110.4553	3150.7904
December	3175.9349	3021.7456	3079.6738