2024 COP to AFN Historical Review

YEARLY HIGH

0.0192 AFN

YEARLY LOW

0.0149 AFN

YEARLY AVERAGE

0.0174 AFN

2024 COP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0192. Conversely, the yearly low was recorded on November 15, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0043 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0183 to the December average rate of 0.0158, the exchange rate registered a net change of -13.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0192 was down 13.44% compared to the 2023 peak of 0.0222, 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 96,106 AFN

2023 Average 95,781 AFN

Yearly Trough Low 74,461 AFN

Transaction Impact: A difference of 21,645.23 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0190

0.0150

JanuMarcMayJulySeptNove

COP to AFN 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 0.0183, compared to 0.0164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0183

H2 Avg (Jul–Dec) 0.0164

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0018 AFN (High: 0.0186 / Low: 0.0168). On the other end, May was the most stable month, with a tight range of 0.0006 AFN (High: 0.0189 / Low: 0.0183).

June Spread (Volatile) ±0.0018

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0186) against the same month in 2023 (average: 0.0187), the exchange rate shifted by -0.0001 (-0.41%).

2024 Avg (February) 0.0186

2023 Avg (February) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0189	0.0177	0.0183
February	0.0192	0.0183	0.0186
March	0.0189	0.0183	0.0185
April	0.0191	0.0182	0.0186
May	0.0189	0.0183	0.0185
June	0.0186	0.0168	0.0174
July	0.0180	0.0171	0.0175
August	0.0178	0.0169	0.0175
September	0.0171	0.0163	0.0166
October	0.0165	0.0151	0.0158
November	0.0158	0.0149	0.0154
December	0.0163	0.0152	0.0158