2024 COP to GEL Historical Review

YEARLY HIGH

0.0007 GEL

YEARLY LOW

0.0006 GEL

YEARLY AVERAGE

0.0007 GEL

2024 COP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0007. Conversely, the yearly low was recorded on November 17, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0001 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0006, the exchange rate registered a net change of -6.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0007 was up 5.41% compared to the 2023 peak of 0.0007, 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 3,693 GEL

2023 Average 3,053 GEL

Yearly Trough Low 3,037 GEL

Transaction Impact: A difference of 655.98 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0007

0.0006

JanuMarcMayJulySeptNove

COP to GEL 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 0.0007, compared to 0.0006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0007

H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0001 GEL (High: 0.0007 / Low: 0.0007). On the other end, February was the most stable month, with a tight range of 0.0000 GEL (High: 0.0007 / Low: 0.0007).

June Spread (Volatile) ±0.0001

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0007) against the same month in 2023 (average: 0.0006), the exchange rate shifted by +0.0001 (+25.24%).

2024 Avg (May) 0.0007

2023 Avg (May) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0007	0.0007	0.0007
February	0.0007	0.0007	0.0007
March	0.0007	0.0007	0.0007
April	0.0007	0.0007	0.0007
May	0.0007	0.0007	0.0007
June	0.0007	0.0007	0.0007
July	0.0007	0.0007	0.0007
August	0.0007	0.0007	0.0007
September	0.0007	0.0006	0.0006
October	0.0007	0.0006	0.0006
November	0.0006	0.0006	0.0006
December	0.0007	0.0006	0.0006