2024 COP to AED Historical Review

YEARLY HIGH

0.0010 AED

YEARLY LOW

0.0008 AED

YEARLY AVERAGE

0.0009 AED

2024 COP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0010. Conversely, the yearly low was recorded on November 17, dropping to 0.0008.

This high-to-low spread represents a total annual volatility of 0.0002 AED. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0008, the exchange rate registered a net change of -10.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0010 was up 2.21% compared to the 2023 peak of 0.0010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,889 AED

2023 Average 4,271 AED

Yearly Trough Low 4,078 AED

Transaction Impact: A difference of 810.82 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0010

0.0008

JanuMarcMayJulySeptNove

COP to AED 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 0.0009, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0009

H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0001 AED (High: 0.0010 / Low: 0.0009). On the other end, February was the most stable month, with a tight range of 0.0000 AED (High: 0.0009 / Low: 0.0009).

June Spread (Volatile) ±0.0001

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0010) against the same month in 2023 (average: 0.0008), the exchange rate shifted by +0.0001 (+17.31%).

2024 Avg (April) 0.0010

2023 Avg (April) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0009	0.0009	0.0009
February	0.0009	0.0009	0.0009
March	0.0010	0.0009	0.0009
April	0.0010	0.0009	0.0010
May	0.0010	0.0009	0.0010
June	0.0010	0.0009	0.0009
July	0.0009	0.0009	0.0009
August	0.0009	0.0009	0.0009
September	0.0009	0.0009	0.0009
October	0.0009	0.0008	0.0009
November	0.0008	0.0008	0.0008
December	0.0009	0.0008	0.0008