YEARLY HIGH
0.0095 SRD
YEARLY LOW
0.0068 SRD
YEARLY AVERAGE
0.0082 SRD

2024 COP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0095. Conversely, the yearly low was recorded on September 11, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0027 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0094 to the December average rate of 0.0080, the exchange rate registered a net change of -14.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0095 was down 3.65% compared to the 2023 peak of 0.0098, 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 47,445 SRD
2023 Average 42,712 SRD
Yearly Trough Low 34,071 SRD
Transaction Impact: A difference of 13,373.31 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0096
0.0069
JanuMarcMayJulySeptNove

COP to SRD 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 0.0088, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0088
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0010 SRD (High: 0.0084 / Low: 0.0074). On the other end, January was the most stable month, with a tight range of 0.0002 SRD (High: 0.0095 / Low: 0.0093).

June Spread (Volatile) ±0.0010
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, 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 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0094) against the same month in 2023 (average: 0.0068), the exchange rate shifted by +0.0026 (+38.55%).

2024 Avg (January) 0.0094
2023 Avg (January) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0095 0.0093 0.0094
February 0.0094 0.0089 0.0092
March 0.0091 0.0089 0.0090
April 0.0093 0.0086 0.0090
May 0.0087 0.0083 0.0084
June 0.0084 0.0074 0.0077
July 0.0075 0.0071 0.0074
August 0.0072 0.0069 0.0071
September 0.0074 0.0068 0.0071
October 0.0079 0.0073 0.0076
November 0.0081 0.0078 0.0080
December 0.0082 0.0079 0.0080