2024 COP to ARS Historical Review

YEARLY HIGH

0.2371 ARS

YEARLY LOW

0.2065 ARS

YEARLY AVERAGE

0.2246 ARS

2024 COP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.2371. Conversely, the yearly low was recorded on January 18, dropping to 0.2065.

This high-to-low spread represents a total annual volatility of 0.0307 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2086 to the December average rate of 0.2322, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2371 was up 12.76% compared to the 2023 peak of 0.2103, 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 1,185,688 ARS

2023 Average 351,669 ARS

Yearly Trough Low 1,032,310 ARS

Transaction Impact: A difference of 153,378.93 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2346

0.2063

JanuMarcMayJulySeptNove

COP to ARS 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 0.2193, compared to 0.2298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.2193

H2 Avg (Jul–Dec) 0.2298

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0159 ARS (High: 0.2330 / Low: 0.2171). On the other end, January was the most stable month, with a tight range of 0.0046 ARS (High: 0.2111 / Low: 0.2065).

June Spread (Volatile) ±0.0159

January Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0062 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2322) against the same month in 2023 (average: 0.1602), the exchange rate shifted by +0.0720 (+44.98%).

2024 Avg (December) 0.2322

2023 Avg (December) 0.1602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2111	0.2065	0.2086
February	0.2145	0.2095	0.2124
March	0.2220	0.2141	0.2182
April	0.2301	0.2204	0.2246
May	0.2331	0.2239	0.2292
June	0.2330	0.2171	0.2230
July	0.2338	0.2207	0.2283
August	0.2360	0.2255	0.2319
September	0.2335	0.2230	0.2295
October	0.2351	0.2244	0.2300
November	0.2309	0.2217	0.2268
December	0.2371	0.2265	0.2322