2024 COP to SBD Historical Review

YEARLY HIGH

0.0023 SBD

YEARLY LOW

0.0019 SBD

YEARLY AVERAGE

0.0021 SBD

2024 COP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0023. Conversely, the yearly low was recorded on November 17, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0004 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0019, the exchange rate registered a net change of -11.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0023 was up 2.65% compared to the 2023 peak of 0.0022, 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 11,283 SBD

2023 Average 9,710 SBD

Yearly Trough Low 9,316 SBD

Transaction Impact: A difference of 1,966.91 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0022

0.0019

JanuMarcMayJulySeptNove

COP to SBD 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 0.0022, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0022

H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0002 SBD (High: 0.0022 / Low: 0.0020). On the other end, February was the most stable month, with a tight range of 0.0000 SBD (High: 0.0022 / Low: 0.0021).

June Spread (Volatile) ±0.0002

February 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: 0.0022) against the same month in 2023 (average: 0.0018), the exchange rate shifted by +0.0004 (+19.95%).

2024 Avg (April) 0.0022

2023 Avg (April) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0022	0.0021	0.0021
February	0.0022	0.0021	0.0022
March	0.0022	0.0021	0.0022
April	0.0023	0.0021	0.0022
May	0.0022	0.0022	0.0022
June	0.0022	0.0020	0.0021
July	0.0021	0.0020	0.0021
August	0.0021	0.0020	0.0021
September	0.0021	0.0019	0.0020
October	0.0020	0.0019	0.0020
November	0.0019	0.0019	0.0019
December	0.0019	0.0019	0.0019