2024 CVE to COP Historical Review

YEARLY HIGH

43.9198 COP

YEARLY LOW

36.8693 COP

YEARLY AVERAGE

39.9169 COP

2024 CVE to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 43.9198. Conversely, the yearly low was recorded on April 5, dropping to 36.8693.

This high-to-low spread represents a total annual volatility of 7.0505 COP. From a start-to-finish perspective, comparing the January average rate of 38.7553 to the December average rate of 41.7322, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 43.9198 was down 8.40% compared to the 2023 peak of 47.9482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 219,599 COP

2023 Average 211,695 COP

Yearly Trough Low 184,346 COP

Transaction Impact: A difference of 35,252.64 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42.9518

37.1394

JanuMarcMayJulySeptNove

CVE to COP 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 38.4213, compared to 41.4125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9912 points.

H1 Avg (Jan–Jun) 38.4213

H2 Avg (Jul–Dec) 41.4125

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 2.7217 COP (High: 40.5615 / Low: 37.8397). On the other end, January was the most stable month, with a tight range of 0.7824 COP (High: 39.1723 / Low: 38.3899).

June Spread (Volatile) ±2.7217

January Spread (Stable) ±0.7824

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7630 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 42.4675) against the same month in 2023 (average: 39.4258), the exchange rate shifted by +3.0417 (+7.72%).

2024 Avg (November) 42.4675

2023 Avg (November) 39.4258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.1723	38.3899	38.7553
February	38.9828	37.9784	38.4081
March	38.9406	37.6493	38.3868
April	38.6010	36.8693	37.6238
May	38.2051	37.3527	37.8245
June	40.5615	37.8397	39.5291
July	40.1787	38.9072	39.7131
August	41.4139	39.5125	40.4341
September	42.9202	41.4383	42.0991
October	43.4193	41.1969	42.0290
November	43.9198	41.2115	42.4675
December	42.5781	40.9990	41.7322