2024 COP to CVE Historical Review

YEARLY HIGH

0.0271 CVE

YEARLY LOW

0.0228 CVE

YEARLY AVERAGE

0.0251 CVE

2024 COP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0271. Conversely, the yearly low was recorded on November 4, dropping to 0.0228.

This high-to-low spread represents a total annual volatility of 0.0044 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0258 to the December average rate of 0.0240, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0271 was up 2.49% compared to the 2023 peak of 0.0265, 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 135,614 CVE

2023 Average 118,675 CVE

Yearly Trough Low 113,844 CVE

Transaction Impact: A difference of 21,770.39 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0269

0.0233

JanuMarcMayJulySeptNove

COP to CVE 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 0.0260, compared to 0.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0260

H2 Avg (Jul–Dec) 0.0242

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0018 CVE (High: 0.0264 / Low: 0.0247). On the other end, January was the most stable month, with a tight range of 0.0005 CVE (High: 0.0260 / Low: 0.0255).

June Spread (Volatile) ±0.0018

January Spread (Stable) ±0.0005

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 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0266) against the same month in 2023 (average: 0.0222), the exchange rate shifted by +0.0044 (+19.67%).

2024 Avg (April) 0.0266

2023 Avg (April) 0.0222

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0260	0.0255	0.0258
February	0.0263	0.0257	0.0260
March	0.0266	0.0257	0.0261
April	0.0271	0.0259	0.0266
May	0.0268	0.0262	0.0264
June	0.0264	0.0247	0.0253
July	0.0257	0.0249	0.0252
August	0.0253	0.0241	0.0247
September	0.0241	0.0233	0.0238
October	0.0243	0.0230	0.0238
November	0.0243	0.0228	0.0236
December	0.0244	0.0235	0.0240