YEARLY HIGH
0.0003 BMD
YEARLY LOW
0.0002 BMD
YEARLY AVERAGE
0.0002 BMD

2024 COP to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0003. Conversely, the yearly low was recorded on November 17, dropping to 0.0002.

This high-to-low spread represents a total annual volatility of 0.0000 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0003 to the December average rate of 0.0002, the exchange rate registered a net change of -10.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0003 was up 2.22% compared to the 2023 peak of 0.0003, 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 1,331 BMD
2023 Average 1,163 BMD
Yearly Trough Low 1,110 BMD
Transaction Impact: A difference of 220.97 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0003
0.0002
JanuMarcMayJulySeptNove

COP to BMD 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 0.0003, compared to 0.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0003
H2 Avg (Jul–Dec) 0.0002

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0000 BMD (High: 0.0003 / Low: 0.0002). On the other end, February was the most stable month, with a tight range of 0.0000 BMD (High: 0.0003 / Low: 0.0003).

June Spread (Volatile) ±0.0000
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: 0.0003) against the same month in 2023 (average: 0.0002), the exchange rate shifted by +0.0000 (+17.31%).

2024 Avg (April) 0.0003
2023 Avg (April) 0.0002

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0003 0.0003 0.0003
February 0.0003 0.0003 0.0003
March 0.0003 0.0003 0.0003
April 0.0003 0.0003 0.0003
May 0.0003 0.0003 0.0003
June 0.0003 0.0002 0.0002
July 0.0003 0.0002 0.0002
August 0.0003 0.0002 0.0002
September 0.0002 0.0002 0.0002
October 0.0002 0.0002 0.0002
November 0.0002 0.0002 0.0002
December 0.0002 0.0002 0.0002