2024 COP to KRW Historical Review

YEARLY HIGH

0.3619 KRW

YEARLY LOW

0.3088 KRW

YEARLY AVERAGE

0.3354 KRW

2024 COP to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.3619. Conversely, the yearly low was recorded on November 4, dropping to 0.3088.

This high-to-low spread represents a total annual volatility of 0.0531 KRW. From a start-to-finish perspective, comparing the January average rate of 0.3380 to the December average rate of 0.3281, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3619 was up 5.68% compared to the 2023 peak of 0.3424, 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 1,809,507 KRW

2023 Average 1,519,584 KRW

Yearly Trough Low 1,543,839 KRW

Transaction Impact: A difference of 265,668.46 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3583

0.3129

JanuMarcMayJulySeptNove

COP to KRW 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 0.3446, compared to 0.3263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.3446

H2 Avg (Jul–Dec) 0.3263

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0280 KRW (High: 0.3586 / Low: 0.3306). On the other end, February was the most stable month, with a tight range of 0.0068 KRW (High: 0.3420 / Low: 0.3352).

June Spread (Volatile) ±0.0280

February Spread (Stable) ±0.0068

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 0.0150 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3545) against the same month in 2023 (average: 0.2915), the exchange rate shifted by +0.0630 (+21.60%).

2024 Avg (April) 0.3545

2023 Avg (April) 0.2915

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3427	0.3294	0.3380
February	0.3420	0.3352	0.3392
March	0.3496	0.3350	0.3419
April	0.3619	0.3475	0.3545
May	0.3585	0.3469	0.3530
June	0.3586	0.3306	0.3410
July	0.3506	0.3342	0.3423
August	0.3386	0.3241	0.3329
September	0.3235	0.3119	0.3179
October	0.3240	0.3114	0.3199
November	0.3230	0.3088	0.3167
December	0.3352	0.3160	0.3281