2024 EUR to COP Historical Review

YEARLY HIGH

4839.0207 COP

YEARLY LOW

4065.9219 COP

YEARLY AVERAGE

4405.4027 COP

2024 EUR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 4839.0207. Conversely, the yearly low was recorded on April 13, dropping to 4065.9219.

This high-to-low spread represents a total annual volatility of 773.0988 COP. From a start-to-finish perspective, comparing the January average rate of 4276.3765 to the December average rate of 4599.0686, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4839.0207 was down 8.24% compared to the 2023 peak of 5273.7738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,195,103 COP

2023 Average 23,386,738 COP

Yearly Trough Low 20,329,610 COP

Transaction Impact: A difference of 3,865,493.84 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4736.7376

4089.9161

JanuMarcMayJulySeptNove

EUR 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 4239.9606, compared to 4570.8449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 330.8843 points.

H1 Avg (Jan–Jun) 4239.9606

H2 Avg (Jul–Dec) 4570.8449

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 291.6103 COP (High: 4479.4253 / Low: 4187.8150). On the other end, May was the most stable month, with a tight range of 77.2020 COP (High: 4210.2744 / Low: 4133.0724).

June Spread (Volatile) ±291.6103

May Spread (Stable) ±77.2020

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 93.9906 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -93.9906

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 4682.8358) against the same month in 2023 (average: 4361.3203), the exchange rate shifted by +321.5155 (+7.37%).

2024 Avg (November) 4682.8358

2023 Avg (November) 4361.3203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4328.8052	4235.3622	4276.3765
February	4301.1919	4202.9114	4240.2356
March	4293.2984	4165.7616	4237.8085
April	4243.5241	4065.9219	4143.8179
May	4210.2744	4133.0724	4178.5124
June	4479.4253	4187.8150	4363.0124
July	4444.3771	4302.3127	4383.7735
August	4565.5034	4367.7532	4471.6344
September	4728.7277	4566.5524	4648.5079
October	4802.2401	4550.2355	4639.2489
November	4839.0207	4573.2421	4682.8358
December	4694.6840	4529.1574	4599.0686