YEARLY HIGH
0.0037 SCR
YEARLY LOW
0.0030 SCR
YEARLY AVERAGE
0.0034 SCR

2024 COP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0037. Conversely, the yearly low was recorded on December 2, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0007 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0032, the exchange rate registered a net change of -5.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0037 was up 3.91% compared to the 2023 peak of 0.0036, 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 18,514 SCR
2023 Average 15,623 SCR
Yearly Trough Low 14,962 SCR
Transaction Impact: A difference of 3,551.57 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0036
0.0031
JanuMarcMayJulySeptNove

COP to SCR 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 0.0035, compared to 0.0033 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) 0.0035
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0005 SCR (High: 0.0036 / Low: 0.0030). On the other end, May was the most stable month, with a tight range of 0.0002 SCR (High: 0.0036 / Low: 0.0035).

October Spread (Volatile) ±0.0005
May Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0034) against the same month in 2023 (average: 0.0033), the exchange rate shifted by +0.0001 (+3.13%).

2024 Avg (August) 0.0034
2023 Avg (August) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0033 0.0034
February 0.0035 0.0033 0.0034
March 0.0036 0.0034 0.0035
April 0.0037 0.0034 0.0035
May 0.0036 0.0035 0.0035
June 0.0036 0.0033 0.0034
July 0.0035 0.0033 0.0034
August 0.0037 0.0032 0.0034
September 0.0033 0.0031 0.0032
October 0.0036 0.0030 0.0032
November 0.0033 0.0030 0.0031
December 0.0035 0.0030 0.0032