2024 COP to GYD Historical Review

YEARLY HIGH

0.0556 GYD

YEARLY LOW

0.0465 GYD

YEARLY AVERAGE

0.0515 GYD

2024 COP to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.0556. Conversely, the yearly low was recorded on November 15, dropping to 0.0465.

This high-to-low spread represents a total annual volatility of 0.0091 GYD. From a start-to-finish perspective, comparing the January average rate of 0.0534 to the December average rate of 0.0476, the exchange rate registered a net change of -10.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0556 was up 1.74% compared to the 2023 peak of 0.0546, 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 277,910 GYD

2023 Average 244,303 GYD

Yearly Trough Low 232,559 GYD

Transaction Impact: A difference of 45,350.27 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0548

0.0468

JanuMarcMayJulySeptNove

COP to GYD 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 0.0534, compared to 0.0496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0534

H2 Avg (Jul–Dec) 0.0496

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0043 GYD (High: 0.0544 / Low: 0.0501). On the other end, February was the most stable month, with a tight range of 0.0010 GYD (High: 0.0538 / Low: 0.0528).

June Spread (Volatile) ±0.0043

February Spread (Stable) ±0.0010

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 0.0025 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0542) against the same month in 2023 (average: 0.0466), the exchange rate shifted by +0.0075 (+16.14%).

2024 Avg (April) 0.0542

2023 Avg (April) 0.0466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0540	0.0528	0.0534
February	0.0538	0.0528	0.0533
March	0.0546	0.0531	0.0537
April	0.0556	0.0529	0.0542
May	0.0549	0.0536	0.0541
June	0.0544	0.0501	0.0516
July	0.0530	0.0505	0.0518
August	0.0524	0.0504	0.0515
September	0.0507	0.0487	0.0500
October	0.0504	0.0474	0.0492
November	0.0486	0.0465	0.0475
December	0.0485	0.0468	0.0476