YEARLY HIGH
0.0037 BWP
YEARLY LOW
0.0030 BWP
YEARLY AVERAGE
0.0033 BWP

2024 COP to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0037. Conversely, the yearly low was recorded on November 4, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0007 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0035 to the December average rate of 0.0031, the exchange rate registered a net change of -9.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0037 was up 4.48% compared to the 2023 peak of 0.0035, 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 18,297 BWP
2023 Average 15,544 BWP
Yearly Trough Low 14,971 BWP
Transaction Impact: A difference of 3,326.10 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0036
0.0030
JanuMarcMayJulySeptNove

COP to BWP 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 0.0035, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0035
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0003 BWP (High: 0.0036 / Low: 0.0032). On the other end, February was the most stable month, with a tight range of 0.0001 BWP (High: 0.0035 / Low: 0.0035).

June Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0036) against the same month in 2023 (average: 0.0029), the exchange rate shifted by +0.0007 (+22.90%).

2024 Avg (April) 0.0036
2023 Avg (April) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0034 0.0035
February 0.0035 0.0035 0.0035
March 0.0036 0.0035 0.0035
April 0.0037 0.0035 0.0036
May 0.0036 0.0035 0.0035
June 0.0036 0.0032 0.0034
July 0.0034 0.0033 0.0034
August 0.0034 0.0032 0.0033
September 0.0032 0.0031 0.0032
October 0.0032 0.0030 0.0031
November 0.0031 0.0030 0.0031
December 0.0032 0.0031 0.0031