2024 KES to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KES to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KES to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 34.8766. Conversely, the yearly low was recorded on February 4, dropping to 23.9357.
This high-to-low spread represents a total annual volatility of 10.9409 COP. From a start-to-finish perspective, comparing the January average rate of 24.5355 to the December average rate of 33.9604, the exchange rate registered a net change of 38.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 34.8766 was down 13.31% compared to the 2023 peak of 40.2295, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KES based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KES 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 28.1388, compared to 32.6990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5603 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 3.4889 COP (High: 27.4246 / Low: 23.9357). On the other end, August was the most stable month, with a tight range of 0.9934 COP (High: 31.9964 / Low: 31.0030).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1255 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 34.0859) against the same month in 2023 (average: 26.5303), the exchange rate shifted by +7.5556 (+28.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.1670 | 23.9981 | 24.5355 |
| February | 27.4246 | 23.9357 | 25.8220 |
| March | 29.5462 | 26.6200 | 28.3752 |
| April | 30.0647 | 28.9468 | 29.4370 |
| May | 29.9166 | 28.7707 | 29.3781 |
| June | 32.3991 | 29.4771 | 31.2849 |
| July | 32.0886 | 30.4528 | 31.3005 |
| August | 31.9964 | 31.0030 | 31.4045 |
| September | 33.2982 | 32.0066 | 32.4476 |
| October | 34.2131 | 32.1498 | 32.9955 |
| November | 34.8766 | 33.4609 | 34.0859 |
| December | 34.4773 | 33.3418 | 33.9604 |