YEARLY HIGH
0.1518 SOS
YEARLY LOW
0.1270 SOS
YEARLY AVERAGE
0.1406 SOS

2024 COP to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.1518. Conversely, the yearly low was recorded on November 15, dropping to 0.1270.

This high-to-low spread represents a total annual volatility of 0.0247 SOS. From a start-to-finish perspective, comparing the January average rate of 0.1457 to the December average rate of 0.1301, the exchange rate registered a net change of -10.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1518 was up 2.00% compared to the 2023 peak of 0.1488, 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 758,802 SOS
2023 Average 662,091 SOS
Yearly Trough Low 635,137 SOS
Transaction Impact: A difference of 123,664.87 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1497
0.1280
JanuMarcMayJulySeptNove

COP to SOS 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 0.1458, compared to 0.1355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.1458
H2 Avg (Jul–Dec) 0.1355

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0116 SOS (High: 0.1484 / Low: 0.1368). On the other end, February was the most stable month, with a tight range of 0.0029 SOS (High: 0.1470 / Low: 0.1441).

June Spread (Volatile) ±0.0116
February Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between February and April, 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 0.0068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1479) against the same month in 2023 (average: 0.1253), the exchange rate shifted by +0.0225 (+17.98%).

2024 Avg (April) 0.1479
2023 Avg (April) 0.1253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1474 0.1440 0.1457
February 0.1470 0.1441 0.1455
March 0.1487 0.1450 0.1466
April 0.1518 0.1445 0.1479
May 0.1501 0.1463 0.1478
June 0.1484 0.1368 0.1410
July 0.1449 0.1378 0.1414
August 0.1429 0.1378 0.1407
September 0.1384 0.1330 0.1366
October 0.1378 0.1294 0.1343
November 0.1328 0.1270 0.1298
December 0.1326 0.1280 0.1301