2024 COP to SYP Historical Review

YEARLY HIGH

2.9823 SYP

YEARLY LOW

0.5579 SYP

YEARLY AVERAGE

0.6889 SYP

2024 COP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2.9823. Conversely, the yearly low was recorded on November 17, dropping to 0.5579.

This high-to-low spread represents a total annual volatility of 2.4244 SYP. From a start-to-finish perspective, comparing the January average rate of 0.6410 to the December average rate of 1.4184, the exchange rate registered a net change of 121.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9823 was up 355.72% compared to the 2023 peak of 0.6544, 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 14,911,553 SYP

2023 Average 2,921,579 SYP

Yearly Trough Low 2,789,604 SYP

Transaction Impact: A difference of 12,121,949.83 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5032

0.4855

JanuMarcMayJulySeptNove

COP to SYP 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 0.6410, compared to 0.7369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0959 points.

H1 Avg (Jan–Jun) 0.6410

H2 Avg (Jul–Dec) 0.7369

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2.4199 SYP (High: 2.9823 / Low: 0.5625). On the other end, February was the most stable month, with a tight range of 0.0120 SYP (High: 0.6457 / Low: 0.6337).

December Spread (Volatile) ±2.4199

February Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between February and May, 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 0.0301 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.4184) against the same month in 2023 (average: 0.6351), the exchange rate shifted by +0.7833 (+123.34%).

2024 Avg (December) 1.4184

2023 Avg (December) 0.6351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6472	0.6333	0.6410
February	0.6457	0.6337	0.6396
March	0.6536	0.6372	0.6446
April	0.6690	0.6336	0.6502
May	0.6599	0.6433	0.6502
June	0.6530	0.6013	0.6202
July	0.6367	0.6070	0.6222
August	0.6282	0.6058	0.6195
September	0.6078	0.5850	0.6005
October	0.6060	0.5695	0.5903
November	0.5805	0.5579	0.5703
December	2.9823	0.5625	1.4184