YEARLY HIGH
0.2396 KPW
YEARLY LOW
0.1998 KPW
YEARLY AVERAGE
0.2215 KPW

2024 COP to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.2396. Conversely, the yearly low was recorded on November 17, dropping to 0.1998.

This high-to-low spread represents a total annual volatility of 0.0398 KPW. From a start-to-finish perspective, comparing the January average rate of 0.2296 to the December average rate of 0.2049, the exchange rate registered a net change of -10.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2396 was up 2.22% compared to the 2023 peak of 0.2344, 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 1,198,125 KPW
2023 Average 1,046,523 KPW
Yearly Trough Low 999,249 KPW
Transaction Impact: A difference of 198,876.36 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2358
0.2014
JanuMarcMayJulySeptNove

COP to KPW 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 0.2296, compared to 0.2134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.2296
H2 Avg (Jul–Dec) 0.2134

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0185 KPW (High: 0.2339 / Low: 0.2154). On the other end, February was the most stable month, with a tight range of 0.0043 KPW (High: 0.2313 / Low: 0.2270).

June Spread (Volatile) ±0.0185
February Spread (Stable) ±0.0043

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 May and June, when the average rate fell by 0.0108 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2329) against the same month in 2023 (average: 0.1985), the exchange rate shifted by +0.0344 (+17.31%).

2024 Avg (April) 0.2329
2023 Avg (April) 0.1985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2318 0.2268 0.2296
February 0.2313 0.2270 0.2291
March 0.2341 0.2283 0.2309
April 0.2396 0.2270 0.2329
May 0.2364 0.2304 0.2329
June 0.2339 0.2154 0.2221
July 0.2281 0.2174 0.2229
August 0.2250 0.2170 0.2219
September 0.2177 0.2096 0.2151
October 0.2171 0.2040 0.2114
November 0.2079 0.1998 0.2043
December 0.2090 0.2015 0.2049