2024 GNF to COP Historical Review

YEARLY HIGH

0.5213 COP

YEARLY LOW

0.4381 COP

YEARLY AVERAGE

0.4728 COP

2024 GNF to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.5213. Conversely, the yearly low was recorded on April 8, dropping to 0.4381.

This high-to-low spread represents a total annual volatility of 0.0832 COP. From a start-to-finish perspective, comparing the January average rate of 0.4560 to the December average rate of 0.5088, the exchange rate registered a net change of 11.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5213 was down 9.80% compared to the 2023 peak of 0.5780, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,607 COP

2023 Average 2,507 COP

Yearly Trough Low 2,190 COP

Transaction Impact: A difference of 416.13 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5168

0.4436

JanuMarcMayJulySeptNove

GNF 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 0.4562, compared to 0.4894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 0.4562

H2 Avg (Jul–Dec) 0.4894

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0377 COP (High: 0.4852 / Low: 0.4475). On the other end, February was the most stable month, with a tight range of 0.0094 COP (High: 0.4614 / Low: 0.4520).

June Spread (Volatile) ±0.0377

February Spread (Stable) ±0.0094

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 March and April, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5107) against the same month in 2023 (average: 0.4687), the exchange rate shifted by +0.0420 (+8.97%).

2024 Avg (November) 0.5107

2023 Avg (November) 0.4687

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4613	0.4509	0.4560
February	0.4614	0.4520	0.4566
March	0.4586	0.4471	0.4536
April	0.4615	0.4381	0.4499
May	0.4545	0.4428	0.4497
June	0.4852	0.4475	0.4712
July	0.4813	0.4582	0.4691
August	0.4811	0.4635	0.4707
September	0.4970	0.4783	0.4842
October	0.5116	0.4807	0.4929
November	0.5213	0.4993	0.5107
December	0.5178	0.4990	0.5088