YEARLY HIGH
249.8641 COP
YEARLY LOW
213.0041 COP
YEARLY AVERAGE
229.6033 COP

2024 MDL to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 249.8641. Conversely, the yearly low was recorded on April 8, dropping to 213.0041.

This high-to-low spread represents a total annual volatility of 36.8601 COP. From a start-to-finish perspective, comparing the January average rate of 222.4389 to the December average rate of 239.7551, the exchange rate registered a net change of 7.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 249.8641 was down 5.63% compared to the 2023 peak of 264.7715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,249,321 COP
2023 Average 1,193,350 COP
Yearly Trough Low 1,065,020 COP
Transaction Impact: A difference of 184,300.38 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

246.7900
215.4432
JanuMarcMayJulySeptNove

MDL 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 221.6086, compared to 237.5980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.9894 points.

H1 Avg (Jan–Jun) 221.6086
H2 Avg (Jul–Dec) 237.5980

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 16.2482 COP (High: 234.8711 / Low: 218.6230). On the other end, February was the most stable month, with a tight range of 4.5375 COP (High: 223.1140 / Low: 218.5765).

June Spread (Volatile) ±16.2482
February Spread (Stable) ±4.5375

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 November and December, when the average rate fell by 4.4227 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.4227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 244.1777) against the same month in 2023 (average: 225.8364), the exchange rate shifted by +18.3413 (+8.12%).

2024 Avg (November) 244.1777
2023 Avg (November) 225.8364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 224.7989 219.9529 222.4389
February 223.1140 218.5765 220.6704
March 223.6603 217.1828 220.8269
April 222.6939 213.0041 218.0554
May 221.8623 215.6222 218.8541
June 234.8711 218.6230 228.8057
July 232.2827 222.8161 228.1244
August 238.8587 228.4186 231.9955
September 247.5303 237.9634 240.7644
October 247.7205 237.0822 240.7709
November 249.8641 239.3666 244.1777
December 245.0185 236.2323 239.7551