YEARLY HIGH
0.0105 UAH
YEARLY LOW
0.0092 UAH
YEARLY AVERAGE
0.0099 UAH

2024 COP to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0105. Conversely, the yearly low was recorded on November 15, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0013 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0095, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0105 was up 5.73% compared to the 2023 peak of 0.0099, 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 52,546 UAH
2023 Average 42,789 UAH
Yearly Trough Low 45,936 UAH
Transaction Impact: A difference of 6,610.63 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0104
0.0093
JanuMarcMayJulySeptNove

COP to UAH 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 0.0100, compared to 0.0098 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) 0.0100
H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0008 UAH (High: 0.0105 / Low: 0.0097). On the other end, December was the most stable month, with a tight range of 0.0003 UAH (High: 0.0097 / Low: 0.0094).

June Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0103) against the same month in 2023 (average: 0.0081), the exchange rate shifted by +0.0022 (+26.52%).

2024 Avg (May) 0.0103
2023 Avg (May) 0.0081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0098 0.0095 0.0097
February 0.0099 0.0095 0.0097
March 0.0102 0.0097 0.0099
April 0.0104 0.0100 0.0102
May 0.0105 0.0101 0.0103
June 0.0105 0.0097 0.0100
July 0.0105 0.0098 0.0102
August 0.0103 0.0099 0.0102
September 0.0100 0.0096 0.0099
October 0.0099 0.0093 0.0097
November 0.0096 0.0092 0.0094
December 0.0097 0.0094 0.0095