YEARLY HIGH
131.6186 COP
YEARLY LOW
116.7832 COP
YEARLY AVERAGE
123.8625 COP

2024 TRY to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 131.6186. Conversely, the yearly low was recorded on April 8, dropping to 116.7832.

This high-to-low spread represents a total annual volatility of 14.8354 COP. From a start-to-finish perspective, comparing the January average rate of 130.2559 to the December average rate of 125.4695, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 131.6186 was down 50.31% compared to the 2023 peak of 264.8804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 6,580,928 COP
2023 Average 9,479,802 COP
Yearly Trough Low 5,839,160 COP
Transaction Impact: A difference of 741,768.07 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

131.3384
118.3485
JanuMarcMayJulySeptNove

TRY 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: JanтАУJun) was 123.8177, compared to 123.9073 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0896 points.

H1 Avg (JanтАУJun) 123.8177
H2 Avg (JulтАУDec) 123.9073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 9.5558 COP (High: 127.6334 / Low: 118.0777). On the other end, January was the most stable month, with a tight range of 2.8313 COP (High: 131.6186 / Low: 128.7873).

June Spread (Volatile) ┬▒9.5558
January Spread (Stable) ┬▒2.8313

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 5.9083 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.9083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 130.2559) against the same month in 2023 (average: 250.9783), the exchange rate shifted by -120.7224 (-48.10%).

2024 Avg (January) 130.2559
2023 Avg (January) 250.9783

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 131.6186 128.7873 130.2559
February 129.5167 125.6833 127.5095
March 124.8690 118.5852 121.6012
April 121.9782 116.7832 119.4310
May 121.0271 118.0759 119.7493
June 127.6334 118.0777 124.3595
July 126.7694 119.4194 122.6899
August 123.7248 117.8618 120.3701
September 126.2900 121.1519 122.8234
October 128.6244 120.9998 124.2658
November 130.7999 125.9199 127.8251
December 128.5392 123.1789 125.4695