2024 KZT to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KZT to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KZT to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 9.1835. Conversely, the yearly low was recorded on December 16, dropping to 8.2040.
This high-to-low spread represents a total annual volatility of 0.9796 COP. From a start-to-finish perspective, comparing the January average rate of 8.6775 to the December average rate of 8.4299, the exchange rate registered a net change of -2.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 9.1835 was down 17.66% compared to the 2023 peak of 11.1533, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KZT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KZT 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 8.7264, compared to 8.6245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1019 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.6284 COP (High: 9.1012 / Low: 8.4728). On the other end, February was the most stable month, with a tight range of 0.2447 COP (High: 8.8480 / Low: 8.6033).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4440 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 8.8865) against the same month in 2023 (average: 9.3662), the exchange rate shifted by -0.4797 (-5.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.8639 | 8.4847 | 8.6775 |
| February | 8.8480 | 8.6033 | 8.7149 |
| March | 8.7929 | 8.5293 | 8.6772 |
| April | 8.9343 | 8.4337 | 8.6643 |
| May | 8.8806 | 8.5813 | 8.7381 |
| June | 9.1835 | 8.5923 | 8.8865 |
| July | 8.7281 | 8.3038 | 8.4983 |
| August | 8.6757 | 8.3392 | 8.4753 |
| September | 8.9919 | 8.5711 | 8.7103 |
| October | 9.0420 | 8.5398 | 8.7592 |
| November | 9.1012 | 8.4728 | 8.8739 |
| December | 8.7002 | 8.2040 | 8.4299 |