YEARLY HIGH
0.0222 INR
YEARLY LOW
0.0188 INR
YEARLY AVERAGE
0.0206 INR

2024 COP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0222. Conversely, the yearly low was recorded on November 17, dropping to 0.0188.

This high-to-low spread represents a total annual volatility of 0.0034 INR. From a start-to-finish perspective, comparing the January average rate of 0.0212 to the December average rate of 0.0194, the exchange rate registered a net change of -8.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0222 was up 2.23% compared to the 2023 peak of 0.0217, 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 110,854 INR
2023 Average 96,039 INR
Yearly Trough Low 93,773 INR
Transaction Impact: A difference of 17,081.30 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0218
0.0189
JanuMarcMayJulySeptNove

COP to INR 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 0.0212, compared to 0.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0212
H2 Avg (Jul–Dec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0018 INR (High: 0.0217 / Low: 0.0200). On the other end, February was the most stable month, with a tight range of 0.0004 INR (High: 0.0213 / Low: 0.0209).

June Spread (Volatile) ±0.0018
February Spread (Stable) ±0.0004

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 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0216) against the same month in 2023 (average: 0.0181), the exchange rate shifted by +0.0035 (+19.40%).

2024 Avg (April) 0.0216
2023 Avg (April) 0.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0214 0.0210 0.0212
February 0.0213 0.0209 0.0211
March 0.0216 0.0210 0.0213
April 0.0222 0.0210 0.0216
May 0.0219 0.0214 0.0216
June 0.0217 0.0200 0.0206
July 0.0212 0.0202 0.0207
August 0.0210 0.0202 0.0207
September 0.0203 0.0196 0.0200
October 0.0203 0.0191 0.0197
November 0.0195 0.0188 0.0192
December 0.0197 0.0190 0.0194