2024 COP to CLP Historical Review

YEARLY HIGH

0.2540 CLP

YEARLY LOW

0.2140 CLP

YEARLY AVERAGE

0.2322 CLP

2024 COP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.2540. Conversely, the yearly low was recorded on November 4, dropping to 0.2140.

This high-to-low spread represents a total annual volatility of 0.0400 CLP. From a start-to-finish perspective, comparing the January average rate of 0.2319 to the December average rate of 0.2240, the exchange rate registered a net change of -3.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2540 was up 10.20% compared to the 2023 peak of 0.2305, 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 1,270,057 CLP

2023 Average 979,260 CLP

Yearly Trough Low 1,070,100 CLP

Transaction Impact: A difference of 199,957.34 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2509

0.2176

JanuMarcMayJulySeptNove

COP to CLP 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 0.2400, compared to 0.2245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.2400

H2 Avg (Jul–Dec) 0.2245

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0154 CLP (High: 0.2464 / Low: 0.2310). On the other end, July was the most stable month, with a tight range of 0.0100 CLP (High: 0.2375 / Low: 0.2275).

May Spread (Volatile) ±0.0154

July Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0103 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2481) against the same month in 2023 (average: 0.1697), the exchange rate shifted by +0.0784 (+46.18%).

2024 Avg (March) 0.2481

2023 Avg (March) 0.1697

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2380	0.2262	0.2319
February	0.2498	0.2394	0.2460
March	0.2540	0.2399	0.2481
April	0.2540	0.2392	0.2475
May	0.2464	0.2310	0.2372
June	0.2382	0.2231	0.2291
July	0.2375	0.2275	0.2315
August	0.2350	0.2214	0.2291
September	0.2269	0.2156	0.2214
October	0.2250	0.2149	0.2203
November	0.2259	0.2140	0.2207
December	0.2285	0.2178	0.2240