2024 COP to BOB Historical Review

YEARLY HIGH

0.0018 BOB

YEARLY LOW

0.0015 BOB

YEARLY AVERAGE

0.0017 BOB

2024 COP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0018. Conversely, the yearly low was recorded on November 15, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0003 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0016, the exchange rate registered a net change of -10.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0018 was up 1.91% compared to the 2023 peak of 0.0018, 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 9,194 BOB

2023 Average 8,032 BOB

Yearly Trough Low 7,685 BOB

Transaction Impact: A difference of 1,508.99 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0018

0.0015

JanuMarcMayJulySeptNove

COP to BOB 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 0.0018, compared to 0.0016 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) 0.0018

H2 Avg (Jul–Dec) 0.0016

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0001 BOB (High: 0.0018 / Low: 0.0017). On the other end, February was the most stable month, with a tight range of 0.0000 BOB (High: 0.0018 / Low: 0.0017).

June Spread (Volatile) ±0.0001

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0018) against the same month in 2023 (average: 0.0015), the exchange rate shifted by +0.0003 (+17.51%).

2024 Avg (April) 0.0018

2023 Avg (April) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0018	0.0017	0.0018
February	0.0018	0.0017	0.0018
March	0.0018	0.0018	0.0018
April	0.0018	0.0018	0.0018
May	0.0018	0.0018	0.0018
June	0.0018	0.0017	0.0017
July	0.0018	0.0017	0.0017
August	0.0017	0.0017	0.0017
September	0.0017	0.0016	0.0017
October	0.0017	0.0016	0.0016
November	0.0016	0.0015	0.0016
December	0.0016	0.0015	0.0016