2024 COP to SEK Historical Review

YEARLY HIGH

0.0029 SEK

YEARLY LOW

0.0024 SEK

YEARLY AVERAGE

0.0026 SEK

2024 COP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0029. Conversely, the yearly low was recorded on November 1, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0005 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0026 to the December average rate of 0.0025, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0029 was down 0.30% compared to the 2023 peak of 0.0029, 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 14,255 SEK

2023 Average 12,349 SEK

Yearly Trough Low 11,995 SEK

Transaction Impact: A difference of 2,259.10 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0028

0.0024

JanuMarcMayJulySeptNove

COP to SEK 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 0.0027, compared to 0.0025 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) 0.0027

H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0002 SEK (High: 0.0027 / Low: 0.0025). On the other end, December was the most stable month, with a tight range of 0.0001 SEK (High: 0.0025 / Low: 0.0025).

June Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0028) against the same month in 2023 (average: 0.0023), the exchange rate shifted by +0.0005 (+22.67%).

2024 Avg (April) 0.0028

2023 Avg (April) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0027	0.0026	0.0026
February	0.0027	0.0026	0.0027
March	0.0028	0.0026	0.0027
April	0.0029	0.0027	0.0028
May	0.0028	0.0027	0.0028
June	0.0027	0.0025	0.0026
July	0.0027	0.0025	0.0026
August	0.0027	0.0025	0.0026
September	0.0025	0.0024	0.0024
October	0.0025	0.0024	0.0025
November	0.0025	0.0024	0.0025
December	0.0025	0.0025	0.0025