YEARLY HIGH
626.8614 COP
YEARLY LOW
519.4334 COP
YEARLY AVERAGE
567.3504 COP

2024 CNY to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 626.8614. Conversely, the yearly low was recorded on April 8, dropping to 519.4334.

This high-to-low spread represents a total annual volatility of 107.4279 COP. From a start-to-finish perspective, comparing the January average rate of 551.2401 to the December average rate of 603.1324, the exchange rate registered a net change of 9.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 626.8614 was down 13.23% compared to the 2023 peak of 722.4435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 15,671,534 COP
2023 Average 15,309,598 COP
Yearly Trough Low 12,985,836 COP
Transaction Impact: A difference of 2,685,698.39 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

619.1156
527.0507
JanuMarcMayJulySeptNove

CNY 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 546.2466, compared to 588.4542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.2077 points.

H1 Avg (Jan–Jun) 546.2466
H2 Avg (Jul–Dec) 588.4542

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 52.1407 COP (High: 583.4168 / Low: 531.2761). On the other end, March was the most stable month, with a tight range of 13.8613 COP (High: 547.8563 / Low: 533.9950).

June Spread (Volatile) ±52.1407
March Spread (Stable) ±13.8613

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 8.3111 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.3111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 611.4435) against the same month in 2023 (average: 559.4602), the exchange rate shifted by +51.9833 (+9.29%).

2024 Avg (November) 611.4435
2023 Avg (November) 559.4602

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 558.7606 544.3071 551.2401
February 557.1250 543.0756 548.8013
March 547.8563 533.9950 541.6630
April 552.6617 519.4334 534.7228
May 551.9488 527.0472 539.2365
June 583.4168 531.2761 561.8157
July 569.5491 546.0347 556.5678
August 581.9087 558.2188 567.6316
September 603.1620 582.9055 591.4371
October 619.7228 590.6361 600.5131
November 626.8614 602.6705 611.4435
December 613.2064 591.2691 603.1324