2024 COP to MXN Historical Review

YEARLY HIGH

0.0049 MXN

YEARLY LOW

0.0043 MXN

YEARLY AVERAGE

0.0045 MXN

2024 COP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0049. Conversely, the yearly low was recorded on March 13, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0007 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0046, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0049 was up 11.32% compared to the 2023 peak of 0.0044, 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 24,591 MXN

2023 Average 20,572 MXN

Yearly Trough Low 21,266 MXN

Transaction Impact: A difference of 3,324.74 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0048

0.0043

JanuMarcMayJulySeptNove

COP to MXN 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 0.0044, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0044

H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0004 MXN (High: 0.0047 / Low: 0.0043). On the other end, February was the most stable month, with a tight range of 0.0001 MXN (High: 0.0044 / Low: 0.0043).

June Spread (Volatile) ±0.0004

February Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0047) against the same month in 2023 (average: 0.0042), the exchange rate shifted by +0.0006 (+13.19%).

2024 Avg (August) 0.0047

2023 Avg (August) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0044	0.0043	0.0044
February	0.0044	0.0043	0.0044
March	0.0043	0.0043	0.0043
April	0.0044	0.0043	0.0043
May	0.0044	0.0043	0.0043
June	0.0047	0.0043	0.0045
July	0.0046	0.0044	0.0045
August	0.0049	0.0046	0.0047
September	0.0048	0.0045	0.0047
October	0.0047	0.0045	0.0046
November	0.0047	0.0045	0.0046
December	0.0047	0.0045	0.0046