2024 COP to LKR Historical Review

YEARLY HIGH

0.0835 LKR

YEARLY LOW

0.0650 LKR

YEARLY AVERAGE

0.0743 LKR

2024 COP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0835. Conversely, the yearly low was recorded on November 15, dropping to 0.0650.

This high-to-low spread represents a total annual volatility of 0.0186 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0819 to the December average rate of 0.0664, the exchange rate registered a net change of -18.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0835 was down 1.22% compared to the 2023 peak of 0.0846, 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 417,712 LKR

2023 Average 381,116 LKR

Yearly Trough Low 324,890 LKR

Transaction Impact: A difference of 92,821.87 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0835

0.0647

JanuMarcMayJulySeptNove

COP to LKR 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 0.0782, compared to 0.0705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0782

H2 Avg (Jul–Dec) 0.0705

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0054 LKR (High: 0.0785 / Low: 0.0731). On the other end, March was the most stable month, with a tight range of 0.0019 LKR (High: 0.0792 / Low: 0.0773).

June Spread (Volatile) ±0.0054

March Spread (Stable) ±0.0019

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 September and October, when the average rate fell by 0.0030 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0819) against the same month in 2023 (average: 0.0776), the exchange rate shifted by +0.0043 (+5.48%).

2024 Avg (January) 0.0819

2023 Avg (January) 0.0776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0835	0.0803	0.0819
February	0.0811	0.0783	0.0795
March	0.0792	0.0773	0.0782
April	0.0794	0.0748	0.0774
May	0.0789	0.0760	0.0775
June	0.0785	0.0731	0.0750
July	0.0769	0.0738	0.0752
August	0.0752	0.0725	0.0740
September	0.0735	0.0700	0.0719
October	0.0707	0.0664	0.0690
November	0.0679	0.0650	0.0663
December	0.0676	0.0651	0.0664