2024 COP to KES Historical Review

YEARLY HIGH

0.0418 KES

YEARLY LOW

0.0287 KES

YEARLY AVERAGE

0.0332 KES

2024 COP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0418. Conversely, the yearly low was recorded on November 16, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0131 KES. From a start-to-finish perspective, comparing the January average rate of 0.0408 to the December average rate of 0.0294, the exchange rate registered a net change of -27.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0418 was up 2.43% compared to the 2023 peak of 0.0408, 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 208,893 KES

2023 Average 163,391 KES

Yearly Trough Low 143,363 KES

Transaction Impact: A difference of 65,530.38 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0419

0.0282

JanuMarcMayJulySeptNove

COP to KES 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 0.0358, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0358

H2 Avg (Jul–Dec) 0.0306

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0053 KES (High: 0.0418 / Low: 0.0365). On the other end, December was the most stable month, with a tight range of 0.0010 KES (High: 0.0300 / Low: 0.0290).

February Spread (Volatile) ±0.0053

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0388) against the same month in 2023 (average: 0.0262), the exchange rate shifted by +0.0126 (+48.17%).

2024 Avg (February) 0.0388

2023 Avg (February) 0.0262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0417	0.0397	0.0408
February	0.0418	0.0365	0.0388
March	0.0376	0.0338	0.0353
April	0.0345	0.0333	0.0340
May	0.0348	0.0334	0.0340
June	0.0339	0.0309	0.0320
July	0.0328	0.0312	0.0320
August	0.0323	0.0313	0.0318
September	0.0312	0.0300	0.0308
October	0.0311	0.0292	0.0303
November	0.0299	0.0287	0.0293
December	0.0300	0.0290	0.0294