2024 GMD to COP Historical Review

YEARLY HIGH

63.4846 COP

YEARLY LOW

55.2943 COP

YEARLY AVERAGE

59.1531 COP

2024 GMD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 63.4846. Conversely, the yearly low was recorded on April 8, dropping to 55.2943.

This high-to-low spread represents a total annual volatility of 8.1902 COP. From a start-to-finish perspective, comparing the January average rate of 58.2482 to the December average rate of 61.1583, the exchange rate registered a net change of 5.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 63.4846 was down 22.00% compared to the 2023 peak of 81.3867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 317,423 COP

2023 Average 347,908 COP

Yearly Trough Low 276,472 COP

Transaction Impact: A difference of 40,951.24 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

62.4233

56.4292

JanuMarcMayJulySeptNove

GMD 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 57.9204, compared to 60.3857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4653 points.

H1 Avg (Jan–Jun) 57.9204

H2 Avg (Jul–Dec) 60.3857

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 4.8605 COP (High: 61.6526 / Low: 56.7920). On the other end, February was the most stable month, with a tight range of 1.1569 COP (High: 58.7342 / Low: 57.5773).

June Spread (Volatile) ±4.8605

February Spread (Stable) ±1.1569

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 1.4605 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4605

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 61.4537) against the same month in 2023 (average: 64.3288), the exchange rate shifted by -2.8751 (-4.47%).

2024 Avg (October) 61.4537

2023 Avg (October) 64.3288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58.9748	57.7034	58.2482
February	58.7342	57.5773	58.1072
March	58.0052	56.5913	57.3838
April	58.3771	55.2943	56.9287
May	57.6291	56.1529	57.0191
June	61.6526	56.7920	59.8357
July	61.0985	58.2267	59.5446
August	59.6783	56.6657	58.0841
September	61.9347	58.5460	60.1498
October	63.4846	60.0908	61.4537
November	63.4279	60.5337	61.9238
December	62.9167	59.8150	61.1583