2024 MVR to COP Historical Review

YEARLY HIGH

291.4810 COP

YEARLY LOW

243.0982 COP

YEARLY AVERAGE

264.3846 COP

2024 MVR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 291.4810. Conversely, the yearly low was recorded on April 8, dropping to 243.0982.

This high-to-low spread represents a total annual volatility of 48.3828 COP. From a start-to-finish perspective, comparing the January average rate of 254.4987 to the December average rate of 285.0186, the exchange rate registered a net change of 11.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 291.4810 was down 10.02% compared to the 2023 peak of 323.9561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,457,405 COP

2023 Average 1,406,103 COP

Yearly Trough Low 1,215,491 COP

Transaction Impact: A difference of 241,914.09 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

288.9559

246.5900

JanuMarcMayJulySeptNove

MVR 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 254.3866, compared to 274.3827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.9961 points.

H1 Avg (Jan–Jun) 254.3866

H2 Avg (Jul–Dec) 274.3827

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 24.0593 COP (High: 273.7309 / Low: 249.6716). On the other end, February was the most stable month, with a tight range of 4.7875 COP (High: 257.4736 / Low: 252.6861).

June Spread (Volatile) ±24.0593

February Spread (Stable) ±4.7875

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 2.5903 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.5903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 285.4254) against the same month in 2023 (average: 262.3284), the exchange rate shifted by +23.0971 (+8.80%).

2024 Avg (November) 285.4254

2023 Avg (November) 262.3284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	257.4644	251.9143	254.4987
February	257.4736	252.6861	255.1596
March	256.0326	248.5589	252.5693
April	256.4855	243.0982	250.1205
May	270.1261	246.2593	250.5839
June	273.7309	249.6716	263.3876
July	268.7939	256.2544	262.3406
August	270.0290	259.2792	263.7480
September	279.6103	269.1070	272.4781
October	287.4383	270.1150	277.2853
November	291.4810	280.4151	285.4254
December	288.9447	279.6434	285.0186