2024 ILS to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ILS to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ILS to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 1238.3036. Conversely, the yearly low was recorded on April 5, dropping to 1002.3143.
This high-to-low spread represents a total annual volatility of 235.9893 COP. From a start-to-finish perspective, comparing the January average rate of 1057.0523 to the December average rate of 1212.1305, the exchange rate registered a net change of 14.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1238.3036 was down 11.70% compared to the 2023 peak of 1402.3667, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ILS 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 1061.0996, compared to 1139.7930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 78.6935 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 89.0741 COP (High: 1183.5911 / Low: 1094.5170). On the other end, July was the most stable month, with a tight range of 27.8528 COP (High: 1111.8869 / Low: 1084.0341).
Growth Streaks & Declines
TrendsBetween August and December, 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 44.9409 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 1212.1305) against the same month in 2023 (average: 1079.9546), the exchange rate shifted by +132.1759 (+12.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1079.4630 | 1036.5171 | 1057.0523 |
| February | 1101.7900 | 1062.9694 | 1078.0135 |
| March | 1102.0617 | 1045.1494 | 1073.2335 |
| April | 1055.1433 | 1002.3143 | 1028.2926 |
| May | 1056.9329 | 1027.6978 | 1043.9071 |
| June | 1119.4985 | 1037.0985 | 1086.0983 |
| July | 1111.8869 | 1084.0341 | 1099.6866 |
| August | 1137.7221 | 1066.3360 | 1090.1143 |
| September | 1145.1785 | 1097.1073 | 1121.6598 |
| October | 1183.5911 | 1094.5170 | 1130.7680 |
| November | 1210.5534 | 1153.5736 | 1184.3990 |
| December | 1238.3036 | 1193.0217 | 1212.1305 |