YEARLY HIGH
0.0013 LYD
YEARLY LOW
0.0011 LYD
YEARLY AVERAGE
0.0012 LYD

2024 COP to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0013. Conversely, the yearly low was recorded on November 4, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0002 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0011, the exchange rate registered a net change of -9.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0013 was up 2.99% compared to the 2023 peak of 0.0012, 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 6,420 LYD
2023 Average 5,594 LYD
Yearly Trough Low 5,406 LYD
Transaction Impact: A difference of 1,014.25 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0013
0.0011
JanuMarcMayJulySeptNove

COP to LYD 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 0.0012, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0012
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0001 LYD (High: 0.0013 / Low: 0.0012). On the other end, January was the most stable month, with a tight range of 0.0000 LYD (High: 0.0012 / Low: 0.0012).

June Spread (Volatile) ±0.0001
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0013) against the same month in 2023 (average: 0.0011), the exchange rate shifted by +0.0002 (+19.51%).

2024 Avg (April) 0.0013
2023 Avg (April) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0012 0.0012 0.0012
February 0.0012 0.0012 0.0012
March 0.0013 0.0012 0.0012
April 0.0013 0.0012 0.0013
May 0.0013 0.0012 0.0013
June 0.0013 0.0012 0.0012
July 0.0012 0.0012 0.0012
August 0.0012 0.0012 0.0012
September 0.0012 0.0011 0.0011
October 0.0011 0.0011 0.0011
November 0.0011 0.0011 0.0011
December 0.0011 0.0011 0.0011