2024 MAD to COP Historical Review

YEARLY HIGH

452.6117 COP

YEARLY LOW

374.6235 COP

YEARLY AVERAGE

409.8552 COP

2024 MAD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 452.6117. Conversely, the yearly low was recorded on April 6, dropping to 374.6235.

This high-to-low spread represents a total annual volatility of 77.9882 COP. From a start-to-finish perspective, comparing the January average rate of 393.8675 to the December average rate of 438.4573, the exchange rate registered a net change of 11.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 452.6117 was down 5.39% compared to the 2023 peak of 478.3924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,263,059 COP

2023 Average 2,134,267 COP

Yearly Trough Low 1,873,118 COP

Transaction Impact: A difference of 389,941.02 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

448.5768

376.9352

JanuMarcMayJulySeptNove

MAD 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 391.5370, compared to 428.1735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.6366 points.

H1 Avg (Jan–Jun) 391.5370

H2 Avg (Jul–Dec) 428.1735

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 34.4819 COP (High: 420.3690 / Low: 385.8871). On the other end, February was the most stable month, with a tight range of 6.8445 COP (High: 394.5581 / Low: 387.7136).

June Spread (Volatile) ±34.4819

February Spread (Stable) ±6.8445

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.8156 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -4.8156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 442.6066) against the same month in 2023 (average: 396.7141), the exchange rate shifted by +45.8925 (+11.57%).

2024 Avg (November) 442.6066

2023 Avg (November) 396.7141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	398.1164	390.0367	393.8675
February	394.5581	387.7136	390.5583
March	392.9129	381.0832	387.7209
April	391.5867	374.6235	382.9053
May	390.2212	382.4004	386.8206
June	420.3690	385.8871	407.3491
July	415.6676	401.6732	409.6403
August	423.9861	407.4611	415.8972
September	439.9264	424.4340	430.1594
October	448.4419	422.1584	432.2805
November	452.6117	433.8756	442.6066
December	446.9244	431.8356	438.4573