2024 COP to RSD Historical Review

YEARLY HIGH

0.0288 RSD

YEARLY LOW

0.0242 RSD

YEARLY AVERAGE

0.0266 RSD

2024 COP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0288. Conversely, the yearly low was recorded on November 4, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0047 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0274 to the December average rate of 0.0254, the exchange rate registered a net change of -7.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0288 was up 2.53% compared to the 2023 peak of 0.0281, 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 144,240 RSD

2023 Average 126,017 RSD

Yearly Trough Low 120,914 RSD

Transaction Impact: A difference of 23,326.78 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0286

0.0247

JanuMarcMayJulySeptNove

COP to RSD 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 0.0276, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0276

H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0019 RSD (High: 0.0280 / Low: 0.0262). On the other end, May was the most stable month, with a tight range of 0.0005 RSD (High: 0.0283 / Low: 0.0278).

June Spread (Volatile) ±0.0019

May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0283) against the same month in 2023 (average: 0.0236), the exchange rate shifted by +0.0047 (+19.87%).

2024 Avg (April) 0.0283

2023 Avg (April) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0277	0.0271	0.0274
February	0.0279	0.0272	0.0276
March	0.0281	0.0273	0.0277
April	0.0288	0.0276	0.0283
May	0.0283	0.0278	0.0280
June	0.0280	0.0262	0.0269
July	0.0272	0.0263	0.0267
August	0.0268	0.0256	0.0262
September	0.0256	0.0247	0.0252
October	0.0257	0.0244	0.0252
November	0.0257	0.0242	0.0250
December	0.0258	0.0249	0.0254