YEARLY HIGH
11.9606 COP
YEARLY LOW
10.3375 COP
YEARLY AVERAGE
11.1381 COP

2024 HUF to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 11.9606. Conversely, the yearly low was recorded on April 13, dropping to 10.3375.

This high-to-low spread represents a total annual volatility of 1.6230 COP. From a start-to-finish perspective, comparing the January average rate of 11.1933 to the December average rate of 11.1627, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.9606 was down 13.89% compared to the 2023 peak of 13.8902, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 11,960,550 COP
2023 Average 12,250,590 COP
Yearly Trough Low 10,337,510 COP
Transaction Impact: A difference of 1,623,040.21 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.8961
10.4298
JanuMarcMayJulySeptNove

HUF 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 10.8741, compared to 11.4021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5280 points.

H1 Avg (Jan–Jun) 10.8741
H2 Avg (Jul–Dec) 11.4021

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.7446 COP (High: 11.8579 / Low: 11.1133). On the other end, February was the most stable month, with a tight range of 0.2492 COP (High: 11.0519 / Low: 10.8027).

November Spread (Volatile) ±0.7446
February Spread (Stable) ±0.2492

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2757 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11.7740) against the same month in 2023 (average: 11.0729), the exchange rate shifted by +0.7011 (+6.33%).

2024 Avg (September) 11.7740
2023 Avg (September) 11.0729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4129 10.8821 11.1933
February 11.0519 10.8027 10.9283
March 10.8885 10.5567 10.7255
April 10.8094 10.3375 10.5520
May 10.9551 10.6747 10.7865
June 11.3418 10.6655 11.0589
July 11.2917 10.9400 11.1690
August 11.6243 11.0229 11.3271
September 11.9606 11.6240 11.7740
October 11.7532 11.3218 11.5415
November 11.8579 11.1133 11.4383
December 11.3464 10.9708 11.1627