2024 DOP to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DOP to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DOP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 74.5264. Conversely, the yearly low was recorded on April 9, dropping to 63.5708.
This high-to-low spread represents a total annual volatility of 10.9555 COP. From a start-to-finish perspective, comparing the January average rate of 66.8911 to the December average rate of 72.3585, the exchange rate registered a net change of 8.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 74.5264 was down 16.10% compared to the 2023 peak of 88.8258, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DOP to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 66.6379, compared to 70.3330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6951 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 5.6972 COP (High: 70.7060 / Low: 65.0088). On the other end, January was the most stable month, with a tight range of 1.2344 COP (High: 67.4880 / Low: 66.2536).
Growth Streaks & Declines
TrendsBetween August and November, 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 February and March, when the average rate fell by 0.8575 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 73.0081) against the same month in 2023 (average: 71.0175), the exchange rate shifted by +1.9906 (+2.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.4880 | 66.2536 | 66.8911 |
| February | 67.5192 | 66.1797 | 66.9206 |
| March | 67.0654 | 64.9997 | 66.0631 |
| April | 67.4738 | 63.5708 | 65.4228 |
| May | 67.3047 | 65.0126 | 66.0928 |
| June | 70.7060 | 65.0088 | 68.4372 |
| July | 70.0405 | 66.7587 | 68.2820 |
| August | 69.7116 | 66.7120 | 68.0556 |
| September | 71.7482 | 68.6131 | 69.7258 |
| October | 73.2296 | 68.6911 | 70.5681 |
| November | 74.5264 | 71.5606 | 73.0081 |
| December | 73.8057 | 70.9884 | 72.3585 |