2024 GTQ to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GTQ to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GTQ to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 582.1528. Conversely, the yearly low was recorded on April 8, dropping to 483.4599.
This high-to-low spread represents a total annual volatility of 98.6929 COP. From a start-to-finish perspective, comparing the January average rate of 501.3728 to the December average rate of 569.8958, the exchange rate registered a net change of 13.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 582.1528 was down 8.50% compared to the 2023 peak of 636.2370, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GTQ to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 503.4084, compared to 545.9915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.5831 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 42.7804 COP (High: 538.3719 / Low: 495.5915). On the other end, February was the most stable month, with a tight range of 10.3285 COP (High: 508.1838 / Low: 497.8553).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 3.1304 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 570.4237) against the same month in 2023 (average: 515.2510), the exchange rate shifted by +55.1727 (+10.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 507.6570 | 495.5971 | 501.3728 |
| February | 508.1838 | 497.8553 | 502.9154 |
| March | 504.6856 | 492.7791 | 499.7850 |
| April | 510.0979 | 483.4599 | 496.8166 |
| May | 502.4189 | 490.0537 | 497.5078 |
| June | 538.3719 | 495.5915 | 522.0525 |
| July | 532.7058 | 508.8495 | 520.4814 |
| August | 535.0796 | 516.0479 | 524.0615 |
| September | 555.7137 | 533.7599 | 540.9026 |
| October | 571.3947 | 536.0899 | 550.1838 |
| November | 582.1528 | 557.3253 | 570.4237 |
| December | 578.1591 | 559.4038 | 569.8958 |