YEARLY HIGH
0.1579 SDG
YEARLY LOW
0.1336 SDG
YEARLY AVERAGE
0.1472 SDG

2024 COP to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.1579. Conversely, the yearly low was recorded on November 17, dropping to 0.1336.

This high-to-low spread represents a total annual volatility of 0.0243 SDG. From a start-to-finish perspective, comparing the January average rate of 0.1533 to the December average rate of 0.1370, the exchange rate registered a net change of -10.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1579 was up 0.85% compared to the 2023 peak of 0.1565, 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 789,301 SDG
2023 Average 693,907 SDG
Yearly Trough Low 667,831 SDG
Transaction Impact: A difference of 121,469.14 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1569
0.1347
JanuMarcMayJulySeptNove

COP to SDG 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 0.1520, compared to 0.1424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.1520
H2 Avg (Jul–Dec) 0.1424

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0145 SDG (High: 0.1558 / Low: 0.1413). On the other end, February was the most stable month, with a tight range of 0.0029 SDG (High: 0.1544 / Low: 0.1516).

June Spread (Volatile) ±0.0145
February Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0086 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1550) against the same month in 2023 (average: 0.1322), the exchange rate shifted by +0.0228 (+17.26%).

2024 Avg (May) 0.1550
2023 Avg (May) 0.1322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1548 0.1515 0.1533
February 0.1544 0.1516 0.1530
March 0.1558 0.1493 0.1523
April 0.1560 0.1478 0.1518
May 0.1579 0.1461 0.1550
June 0.1558 0.1413 0.1465
July 0.1523 0.1448 0.1473
August 0.1504 0.1450 0.1483
September 0.1455 0.1401 0.1438
October 0.1451 0.1363 0.1413
November 0.1390 0.1336 0.1365
December 0.1397 0.1347 0.1370