YEARLY HIGH
1978.6822 COP
YEARLY LOW
1674.3346 COP
YEARLY AVERAGE
1810.1299 COP

2024 FJD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1978.6822. Conversely, the yearly low was recorded on April 8, dropping to 1674.3346.

This high-to-low spread represents a total annual volatility of 304.3477 COP. From a start-to-finish perspective, comparing the January average rate of 1755.0397 to the December average rate of 1903.6116, the exchange rate registered a net change of 8.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1978.6822 was down 12.26% compared to the 2023 peak of 2255.0510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,893,411 COP
2023 Average 9,700,474 COP
Yearly Trough Low 8,371,673 COP
Transaction Impact: A difference of 1,521,738.38 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1967.7171
1681.4898
JanuMarcMayJulySeptNove

FJD 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 1742.4611, compared to 1877.7986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 135.3375 points.

H1 Avg (Jan–Jun) 1742.4611
H2 Avg (Jul–Dec) 1877.7986

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 163.6066 COP (High: 1866.9029 / Low: 1703.2963). On the other end, February was the most stable month, with a tight range of 38.0572 COP (High: 1763.4002 / Low: 1725.3430).

June Spread (Volatile) ±163.6066
February Spread (Stable) ±38.0572

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 40.2532 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -40.2532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1943.8648) against the same month in 2023 (average: 1783.8879), the exchange rate shifted by +159.9769 (+8.97%).

2024 Avg (November) 1943.8648
2023 Avg (November) 1783.8879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1773.8306 1723.1412 1755.0397
February 1763.4002 1725.3430 1746.4464
March 1759.1752 1695.5045 1731.3854
April 1752.6036 1674.3346 1705.3421
May 1739.6271 1684.9333 1712.8225
June 1866.9029 1703.2963 1803.7307
July 1842.7054 1758.7127 1799.8968
August 1870.5413 1790.5278 1818.4339
September 1932.6425 1854.2518 1895.0267
October 1960.2711 1847.9590 1905.9580
November 1978.6822 1914.1079 1943.8648
December 1967.2725 1860.6685 1903.6116