YEARLY HIGH
4503.3818 COP
YEARLY LOW
3755.8673 COP
YEARLY AVERAGE
4072.0121 COP

2024 IMP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IMP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 4503.3818. Conversely, the yearly low was recorded on April 8, dropping to 3755.8673.

This high-to-low spread represents a total annual volatility of 747.5145 COP. From a start-to-finish perspective, comparing the January average rate of 3919.6085 to the December average rate of 4391.6924, the exchange rate registered a net change of 12.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4503.3818 was down 9.44% compared to the 2023 peak of 4972.7257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,516,909 COP
2023 Average 21,612,432 COP
Yearly Trough Low 18,779,336 COP
Transaction Impact: A difference of 3,737,572.75 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4459.9120
3810.1173
JanuMarcMayJulySeptNove

IMP 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 3921.6735, compared to 4222.3506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 300.6771 points.

H1 Avg (Jan–Jun) 3921.6735
H2 Avg (Jul–Dec) 4222.3506

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 330.8409 COP (High: 4178.5020 / Low: 3847.6611). On the other end, February was the most stable month, with a tight range of 73.7276 COP (High: 3965.0937 / Low: 3891.3661).

June Spread (Volatile) ±330.8409
February Spread (Stable) ±73.7276

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 32.9715 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -32.9715

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 4405.7624) against the same month in 2023 (average: 4030.4474), the exchange rate shifted by +375.3150 (+9.31%).

2024 Avg (November) 4405.7624
2023 Avg (November) 4030.4474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3967.5270 3881.9989 3919.6085
February 3965.0937 3891.3661 3928.1068
March 3942.9014 3843.9630 3898.1707
April 3965.2657 3755.8673 3865.1992
May 3905.8107 3807.1681 3864.2668
June 4178.5020 3847.6611 4054.6892
July 4139.4262 3946.3178 4038.8467
August 4147.6453 3999.3817 4056.2729
September 4294.8149 4133.4828 4184.0339
October 4412.1781 4146.2655 4257.4955
November 4503.3818 4328.1578 4405.7624
December 4467.0858 4306.5085 4391.6924