YEARLY HIGH
2.5916 COP
YEARLY LOW
2.1700 COP
YEARLY AVERAGE
2.3635 COP

2024 MWK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 2.5916. Conversely, the yearly low was recorded on April 9, dropping to 2.1700.

This high-to-low spread represents a total annual volatility of 0.4216 COP. From a start-to-finish perspective, comparing the January average rate of 2.3294 to the December average rate of 2.5333, the exchange rate registered a net change of 8.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5916 was down 46.55% compared to the 2023 peak of 4.8484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,958 COP
2023 Average 19,630 COP
Yearly Trough Low 10,850 COP
Transaction Impact: A difference of 2,107.95 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5704
2.1969
JanuMarcMayJulySeptNove

MWK 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 2.2922, compared to 2.4348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1426 points.

H1 Avg (Jan–Jun) 2.2922
H2 Avg (Jul–Dec) 2.4348

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1883 COP (High: 2.4090 / Low: 2.2207). On the other end, February was the most stable month, with a tight range of 0.0456 COP (High: 2.3562 / Low: 2.3106).

June Spread (Volatile) ±0.1883
February Spread (Stable) ±0.0456

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 March and April, when the average rate fell by 0.0671 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.5392) against the same month in 2023 (average: 2.9150), the exchange rate shifted by -0.3758 (-12.89%).

2024 Avg (November) 2.5392
2023 Avg (November) 2.9150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3569 2.3031 2.3294
February 2.3562 2.3106 2.3334
March 2.3415 2.2129 2.2951
April 2.2820 2.1700 2.2280
May 2.2489 2.1962 2.2286
June 2.4090 2.2207 2.3390
July 2.3886 2.2752 2.3300
August 2.3918 2.3045 2.3419
September 2.4765 2.3815 2.4116
October 2.5442 2.3907 2.4531
November 2.5916 2.4868 2.5392
December 2.5745 2.4852 2.5333