2024 COP to HUF Historical Review

YEARLY HIGH

0.0967 HUF

YEARLY LOW

0.0836 HUF

YEARLY AVERAGE

0.0899 HUF

2024 COP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0967. Conversely, the yearly low was recorded on September 17, dropping to 0.0836.

This high-to-low spread represents a total annual volatility of 0.0131 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0894 to the December average rate of 0.0896, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0967 was up 4.14% compared to the 2023 peak of 0.0929, 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 483,675 HUF

2023 Average 410,197 HUF

Yearly Trough Low 418,041 HUF

Transaction Impact: A difference of 65,634.50 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0958

0.0840

JanuMarcMayJulySeptNove

COP to HUF 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 0.0920, compared to 0.0877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0920

H2 Avg (Jul–Dec) 0.0877

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0057 HUF (High: 0.0900 / Low: 0.0843). On the other end, February was the most stable month, with a tight range of 0.0021 HUF (High: 0.0926 / Low: 0.0905).

November Spread (Volatile) ±0.0057

February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0948) against the same month in 2023 (average: 0.0756), the exchange rate shifted by +0.0192 (+25.44%).

2024 Avg (April) 0.0948

2023 Avg (April) 0.0756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0919	0.0876	0.0894
February	0.0926	0.0905	0.0915
March	0.0947	0.0918	0.0932
April	0.0967	0.0925	0.0948
May	0.0937	0.0913	0.0927
June	0.0938	0.0882	0.0905
July	0.0914	0.0886	0.0895
August	0.0907	0.0860	0.0883
September	0.0860	0.0836	0.0849
October	0.0883	0.0851	0.0866
November	0.0900	0.0843	0.0875
December	0.0912	0.0881	0.0896