2024 COP to MNT Historical Review

YEARLY HIGH

0.9186 MNT

YEARLY LOW

0.7545 MNT

YEARLY AVERAGE

0.8437 MNT

2024 COP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.9186. Conversely, the yearly low was recorded on November 17, dropping to 0.7545.

This high-to-low spread represents a total annual volatility of 0.1640 MNT. From a start-to-finish perspective, comparing the January average rate of 0.8802 to the December average rate of 0.7738, the exchange rate registered a net change of -12.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9186 was up 2.22% compared to the 2023 peak of 0.8986, 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 4,592,814 MNT

2023 Average 4,026,552 MNT

Yearly Trough Low 3,772,720 MNT

Transaction Impact: A difference of 820,093.76 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9050

0.7592

JanuMarcMayJulySeptNove

COP to MNT 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 0.8801, compared to 0.8073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0729 points.

H1 Avg (Jan–Jun) 0.8801

H2 Avg (Jul–Dec) 0.8073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0710 MNT (High: 0.8966 / Low: 0.8257). On the other end, February was the most stable month, with a tight range of 0.0165 MNT (High: 0.8866 / Low: 0.8701).

June Spread (Volatile) ±0.0710

February Spread (Stable) ±0.0165

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 0.0413 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.8928) against the same month in 2023 (average: 0.7763), the exchange rate shifted by +0.1165 (+15.01%).

2024 Avg (April) 0.8928

2023 Avg (April) 0.7763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8887	0.8696	0.8802
February	0.8866	0.8701	0.8783
March	0.8975	0.8750	0.8851
April	0.9186	0.8701	0.8928
May	0.9062	0.8833	0.8929
June	0.8966	0.8257	0.8516
July	0.8742	0.8321	0.8502
August	0.8496	0.8193	0.8378
September	0.8221	0.7912	0.8122
October	0.8195	0.7701	0.7983
November	0.7851	0.7545	0.7714
December	0.7890	0.7607	0.7738