2024 HNL to COP Historical Review

YEARLY HIGH

179.0658 COP

YEARLY LOW

152.4817 COP

YEARLY AVERAGE

163.7500 COP

2024 HNL to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HNL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 179.0658. Conversely, the yearly low was recorded on April 9, dropping to 152.4817.

This high-to-low spread represents a total annual volatility of 26.5841 COP. From a start-to-finish perspective, comparing the January average rate of 158.7684 to the December average rate of 173.2412, the exchange rate registered a net change of 9.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 179.0658 was down 11.24% compared to the 2023 peak of 201.7401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 895,329 COP

2023 Average 876,414 COP

Yearly Trough Low 762,408 COP

Transaction Impact: A difference of 132,920.56 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

176.7442

154.3521

JanuMarcMayJulySeptNove

HNL 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 158.5971, compared to 168.9028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.3057 points.

H1 Avg (Jan–Jun) 158.5971

H2 Avg (Jul–Dec) 168.9028

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 13.5425 COP (High: 168.7252 / Low: 155.1827). On the other end, February was the most stable month, with a tight range of 2.7694 COP (High: 160.1872 / Low: 157.4177).

June Spread (Volatile) ±13.5425

February Spread (Stable) ±2.7694

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 1.6370 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.6370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 174.8782) against the same month in 2023 (average: 163.3527), the exchange rate shifted by +11.5255 (+7.06%).

2024 Avg (November) 174.8782

2023 Avg (November) 163.3527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	160.5268	156.9763	158.7684
February	160.1872	157.4177	158.9011
March	159.6054	155.2302	157.6883
April	160.1838	152.4817	156.4588
May	157.9172	153.8254	156.2181
June	168.7252	155.1827	163.5481
July	167.2113	159.2816	163.0457
August	167.1517	160.8799	163.6297
September	172.9301	166.2368	168.4717
October	175.7941	166.1517	170.1503
November	179.0658	170.5859	174.8782
December	176.7350	169.8366	173.2412