2024 COP to MMK Historical Review

YEARLY HIGH

0.8031 MMK

YEARLY LOW

0.4659 MMK

YEARLY AVERAGE

0.5220 MMK

2024 COP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.8031. Conversely, the yearly low was recorded on November 17, dropping to 0.4659.

This high-to-low spread represents a total annual volatility of 0.3372 MMK. From a start-to-finish perspective, comparing the January average rate of 0.5357 to the December average rate of 0.4778, the exchange rate registered a net change of -10.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8031 was up 46.45% compared to the 2023 peak of 0.5483, 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 4,015,292 MMK

2023 Average 2,440,841 MMK

Yearly Trough Low 2,329,361 MMK

Transaction Impact: A difference of 1,685,931.45 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5723

0.4675

JanuMarcMayJulySeptNove

COP to MMK 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 0.5392, compared to 0.5049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0343 points.

H1 Avg (Jan–Jun) 0.5392

H2 Avg (Jul–Dec) 0.5049

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2893 MMK (High: 0.8031 / Low: 0.5138). On the other end, February was the most stable month, with a tight range of 0.0105 MMK (High: 0.5399 / Low: 0.5295).

July Spread (Volatile) ±0.2893

February Spread (Stable) ±0.0105

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 July and August, when the average rate fell by 0.0463 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.5636) against the same month in 2023 (average: 0.5162), the exchange rate shifted by +0.0474 (+9.18%).

2024 Avg (July) 0.5636

2023 Avg (July) 0.5162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5417	0.5293	0.5357
February	0.5399	0.5295	0.5347
March	0.5464	0.5328	0.5384
April	0.5576	0.5309	0.5432
May	0.5515	0.5377	0.5433
June	0.6063	0.5029	0.5398
July	0.8031	0.5138	0.5636
August	0.5246	0.5058	0.5173
September	0.5076	0.4885	0.5015
October	0.5060	0.4755	0.4929
November	0.4847	0.4659	0.4763
December	0.4872	0.4697	0.4778