YEARLY HIGH
0.0098 THB
YEARLY LOW
0.0076 THB
YEARLY AVERAGE
0.0087 THB

2024 COP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0098. Conversely, the yearly low was recorded on November 5, dropping to 0.0076.

This high-to-low spread represents a total annual volatility of 0.0022 THB. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0078, the exchange rate registered a net change of -13.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0098 was up 5.89% compared to the 2023 peak of 0.0092, 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 48,866 THB
2023 Average 40,473 THB
Yearly Trough Low 37,943 THB
Transaction Impact: A difference of 10,923.11 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0097
0.0076
JanuMarcMayJulySeptNove

COP to THB 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 0.0092, compared to 0.0082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0092
H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0007 THB (High: 0.0095 / Low: 0.0088). On the other end, May was the most stable month, with a tight range of 0.0002 THB (High: 0.0096 / Low: 0.0094).

June Spread (Volatile) ±0.0007
May Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0095) against the same month in 2023 (average: 0.0075), the exchange rate shifted by +0.0020 (+26.17%).

2024 Avg (April) 0.0095
2023 Avg (April) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0091 0.0088 0.0090
February 0.0092 0.0090 0.0091
March 0.0094 0.0090 0.0092
April 0.0098 0.0093 0.0095
May 0.0096 0.0094 0.0095
June 0.0095 0.0088 0.0091
July 0.0091 0.0087 0.0090
August 0.0088 0.0082 0.0086
September 0.0082 0.0077 0.0080
October 0.0081 0.0077 0.0078
November 0.0080 0.0076 0.0078
December 0.0079 0.0077 0.0078