YEARLY HIGH
5764.6447 COP
YEARLY LOW
4752.1572 COP
YEARLY AVERAGE
5205.4395 COP

2024 FKP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 5764.6447. Conversely, the yearly low was recorded on April 13, dropping to 4752.1572.

This high-to-low spread represents a total annual volatility of 1012.4875 COP. From a start-to-finish perspective, comparing the January average rate of 4981.1185 to the December average rate of 5548.6670, the exchange rate registered a net change of 11.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5764.6447 was down 3.77% compared to the 2023 peak of 5990.7739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,823,224 COP
2023 Average 26,857,828 COP
Yearly Trough Low 23,760,786 COP
Transaction Impact: A difference of 5,062,437.42 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5694.9101
4756.7250
JanuMarcMayJulySeptNove

FKP 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 4960.9965, compared to 5449.8825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 488.8860 points.

H1 Avg (Jan–Jun) 4960.9965
H2 Avg (Jul–Dec) 5449.8825

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 372.1847 COP (High: 5285.3894 / Low: 4913.2046). On the other end, February was the most stable month, with a tight range of 111.7384 COP (High: 5028.1083 / Low: 4916.3699).

June Spread (Volatile) ±372.1847
February Spread (Stable) ±111.7384

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 118.8377 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -118.8377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 5616.7280) against the same month in 2023 (average: 5008.7474), the exchange rate shifted by +607.9807 (+12.14%).

2024 Avg (November) 5616.7280
2023 Avg (November) 5008.7474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5043.7593 4904.3014 4981.1185
February 5028.1083 4916.3699 4961.7051
March 5029.6142 4869.8540 4953.7448
April 4957.5747 4752.1572 4834.9071
May 4950.3042 4837.0052 4882.8832
June 5285.3894 4913.2046 5151.6201
July 5248.4634 5120.3878 5197.5711
August 5419.6590 5153.7931 5251.3144
September 5616.7596 5428.5935 5531.2921
October 5690.6292 5425.1390 5553.7224
November 5764.6447 5497.0786 5616.7280
December 5661.6769 5464.7656 5548.6670