YEARLY HIGH
0.2049 COP
YEARLY LOW
0.1780 COP
YEARLY AVERAGE
0.1886 COP

2024 LAK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.2049. Conversely, the yearly low was recorded on April 8, dropping to 0.1780.

This high-to-low spread represents a total annual volatility of 0.0270 COP. From a start-to-finish perspective, comparing the January average rate of 0.1898 to the December average rate of 0.2006, the exchange rate registered a net change of 5.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2049 was down 30.54% compared to the 2023 peak of 0.2950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,025 COP
2023 Average 1,170 COP
Yearly Trough Low 890 COP
Transaction Impact: A difference of 134.93 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2027
0.1789
JanuMarcMayJulySeptNove

LAK 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 0.1856, compared to 0.1917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.1856
H2 Avg (Jul–Dec) 0.1917

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0121 COP (High: 0.2012 / Low: 0.1891). On the other end, February was the most stable month, with a tight range of 0.0030 COP (High: 0.1901 / Low: 0.1870).

October Spread (Volatile) ±0.0121
February Spread (Stable) ±0.0030

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 0.0044 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2008) against the same month in 2023 (average: 0.1948), the exchange rate shifted by +0.0060 (+3.06%).

2024 Avg (November) 0.2008
2023 Avg (November) 0.1948

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1920 0.1884 0.1898
February 0.1901 0.1870 0.1884
March 0.1888 0.1829 0.1863
April 0.1853 0.1780 0.1819
May 0.1831 0.1783 0.1809
June 0.1901 0.1790 0.1859
July 0.1874 0.1781 0.1825
August 0.1872 0.1807 0.1834
September 0.1941 0.1868 0.1893
October 0.2012 0.1891 0.1937
November 0.2049 0.1966 0.2008
December 0.2035 0.1967 0.2006