2024 COP to EGP Historical Review

YEARLY HIGH

0.0127 EGP

YEARLY LOW

0.0078 EGP

YEARLY AVERAGE

0.0111 EGP

2024 COP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0127. Conversely, the yearly low was recorded on January 18, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0049 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0079 to the December average rate of 0.0115, the exchange rate registered a net change of 46.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0127 was up 57.62% compared to the 2023 peak of 0.0080, 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 63,304 EGP

2023 Average 35,670 EGP

Yearly Trough Low 38,937 EGP

Transaction Impact: A difference of 24,367.44 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0128

0.0074

JanuMarcMayJulySeptNove

COP to EGP 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 0.0106, compared to 0.0116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0106

H2 Avg (Jul–Dec) 0.0116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0048 EGP (High: 0.0126 / Low: 0.0078). On the other end, February was the most stable month, with a tight range of 0.0002 EGP (High: 0.0079 / Low: 0.0078).

March Spread (Volatile) ±0.0048

February Spread (Stable) ±0.0002

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 August and September, 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: 0.0124) against the same month in 2023 (average: 0.0068), the exchange rate shifted by +0.0056 (+81.82%).

2024 Avg (April) 0.0124

2023 Avg (April) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0080	0.0078	0.0079
February	0.0079	0.0078	0.0079
March	0.0126	0.0078	0.0116
April	0.0127	0.0121	0.0124
May	0.0123	0.0121	0.0122
June	0.0123	0.0114	0.0118
July	0.0122	0.0117	0.0119
August	0.0123	0.0118	0.0121
September	0.0118	0.0113	0.0116
October	0.0117	0.0111	0.0114
November	0.0114	0.0110	0.0112
December	0.0118	0.0111	0.0115