2024 JOD to COP Historical Review

YEARLY HIGH

6350.8417 COP

YEARLY LOW

5298.1623 COP

YEARLY AVERAGE

5743.8842 COP

2024 JOD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 6350.8417. Conversely, the yearly low was recorded on April 8, dropping to 5298.1623.

This high-to-low spread represents a total annual volatility of 1052.6793 COP. From a start-to-finish perspective, comparing the January average rate of 5525.0445 to the December average rate of 6192.1557, the exchange rate registered a net change of 12.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6350.8417 was down 9.41% compared to the 2023 peak of 7010.2380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,754,208 COP

2023 Average 30,472,764 COP

Yearly Trough Low 26,490,812 COP

Transaction Impact: A difference of 5,263,396.68 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6288.7616

5375.4393

JanuMarcMayJulySeptNove

JOD 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 5531.4620, compared to 5956.3064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 424.8444 points.

H1 Avg (Jan–Jun) 5531.4620

H2 Avg (Jul–Dec) 5956.3064

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 468.3596 COP (High: 5896.0096 / Low: 5427.6500). On the other end, February was the most stable month, with a tight range of 105.5360 COP (High: 5592.5158 / Low: 5486.9799).

June Spread (Volatile) ±468.3596

February Spread (Stable) ±105.5360

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 45.5809 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -45.5809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 6212.6514) against the same month in 2023 (average: 5682.0505), the exchange rate shifted by +530.6009 (+9.34%).

2024 Avg (November) 6212.6514

2023 Avg (November) 5682.0505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5592.7925	5472.2285	5525.0445
February	5592.5158	5486.9799	5539.6210
March	5561.2149	5422.4334	5498.7748
April	5595.1259	5298.1623	5453.1939
May	5510.4553	5370.5291	5451.5495
June	5896.0096	5427.6500	5720.5886
July	5840.0482	5568.3897	5698.8194
August	5851.6440	5643.2647	5723.4330
September	6060.1311	5832.4859	5904.0645
October	6221.3453	5850.5229	6006.7144
November	6350.8417	6103.7340	6212.6514
December	6299.6556	6070.6351	6192.1557