2024 COP to ETB Historical Review

YEARLY HIGH

0.0295 ETB

YEARLY LOW

0.0138 ETB

YEARLY AVERAGE

0.0200 ETB

2024 COP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0295. Conversely, the yearly low was recorded on June 16, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0157 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0288, the exchange rate registered a net change of 100.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0295 was up 101.08% compared to the 2023 peak of 0.0146, 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 147,284 ETB

2023 Average 63,717 ETB

Yearly Trough Low 68,878 ETB

Transaction Impact: A difference of 78,406.08 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0303

0.0127

JanuMarcMayJulySeptNove

COP to ETB 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 0.0145, compared to 0.0254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.0145

H2 Avg (Jul–Dec) 0.0254

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0086 ETB (High: 0.0280 / Low: 0.0195). On the other end, February was the most stable month, with a tight range of 0.0003 ETB (High: 0.0146 / Low: 0.0143).

August Spread (Volatile) ±0.0086

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0288) against the same month in 2023 (average: 0.0142), the exchange rate shifted by +0.0146 (+103.17%).

2024 Avg (December) 0.0288

2023 Avg (December) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0146	0.0142	0.0144
February	0.0146	0.0143	0.0144
March	0.0148	0.0144	0.0146
April	0.0151	0.0144	0.0147
May	0.0151	0.0146	0.0148
June	0.0149	0.0138	0.0142
July	0.0185	0.0139	0.0144
August	0.0280	0.0195	0.0254
September	0.0290	0.0265	0.0276
October	0.0289	0.0276	0.0283
November	0.0288	0.0270	0.0278
December	0.0295	0.0280	0.0288