YEARLY HIGH
0.0157 DOP
YEARLY LOW
0.0134 DOP
YEARLY AVERAGE
0.0146 DOP

2024 COP to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.0157. Conversely, the yearly low was recorded on November 17, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0023 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0150 to the December average rate of 0.0138, the exchange rate registered a net change of -7.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0157 was up 4.48% compared to the 2023 peak of 0.0151, 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 78,652 DOP
2023 Average 65,149 DOP
Yearly Trough Low 67,090 DOP
Transaction Impact: A difference of 11,562.08 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0154
0.0135
JanuMarcMayJulySeptNove

COP to DOP 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 0.0150, compared to 0.0142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0142

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0012 DOP (High: 0.0154 / Low: 0.0141). On the other end, January was the most stable month, with a tight range of 0.0003 DOP (High: 0.0151 / Low: 0.0148).

June Spread (Volatile) ±0.0012
January Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0153) against the same month in 2023 (average: 0.0121), the exchange rate shifted by +0.0032 (+26.71%).

2024 Avg (April) 0.0153
2023 Avg (April) 0.0121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0151 0.0148 0.0150
February 0.0151 0.0148 0.0149
March 0.0154 0.0149 0.0151
April 0.0157 0.0148 0.0153
May 0.0154 0.0149 0.0151
June 0.0154 0.0141 0.0146
July 0.0150 0.0143 0.0146
August 0.0150 0.0143 0.0147
September 0.0146 0.0139 0.0143
October 0.0146 0.0137 0.0142
November 0.0140 0.0134 0.0137
December 0.0141 0.0135 0.0138