YEARLY HIGH
0.2637 COP
YEARLY LOW
0.0420 COP
YEARLY AVERAGE
0.0767 COP

2024 LBP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.2637. Conversely, the yearly low was recorded on April 8, dropping to 0.0420.

This high-to-low spread represents a total annual volatility of 0.2217 COP. From a start-to-finish perspective, comparing the January average rate of 0.2608 to the December average rate of 0.0491, the exchange rate registered a net change of -81.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2637 was down 91.93% compared to the 2023 peak of 3.2670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,319 COP
2023 Average 2,811 COP
Yearly Trough Low 210 COP
Transaction Impact: A difference of 1,108.48 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2825
0.0214
JanuMarcMayJulySeptNove

LBP 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 0.1062, compared to 0.0471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0590 points.

H1 Avg (Jan–Jun) 0.1062
H2 Avg (Jul–Dec) 0.0471

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2196 COP (High: 0.2634 / Low: 0.0438). On the other end, May was the most stable month, with a tight range of 0.0011 COP (High: 0.0436 / Low: 0.0425).

February Spread (Volatile) ±0.2196
May Spread (Stable) ±0.0011

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 February and March, when the average rate fell by 0.1576 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2608) against the same month in 2023 (average: 3.1093), the exchange rate shifted by -2.8485 (-91.61%).

2024 Avg (January) 0.2608
2023 Avg (January) 3.1093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2637 0.2580 0.2608
February 0.2634 0.0438 0.2011
March 0.0440 0.0429 0.0435
April 0.0443 0.0420 0.0432
May 0.0436 0.0425 0.0432
June 0.0466 0.0430 0.0453
July 0.0462 0.0441 0.0451
August 0.0463 0.0447 0.0453
September 0.0480 0.0461 0.0467
October 0.0493 0.0463 0.0475
November 0.0502 0.0481 0.0492
December 0.0499 0.0481 0.0491