YEARLY HIGH
254.0194 COP
YEARLY LOW
201.7613 COP
YEARLY AVERAGE
222.5354 COP

2024 NAD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 254.0194. Conversely, the yearly low was recorded on April 3, dropping to 201.7613.

This high-to-low spread represents a total annual volatility of 52.2581 COP. From a start-to-finish perspective, comparing the January average rate of 208.6595 to the December average rate of 241.0149, the exchange rate registered a net change of 15.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 254.0194 was down 13.72% compared to the 2023 peak of 294.3968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,270,097 COP
2023 Average 1,171,204 COP
Yearly Trough Low 1,008,807 COP
Transaction Impact: A difference of 261,290.70 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

249.8689
200.5126
JanuMarcMayJulySeptNove

NAD 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 209.5768, compared to 235.4939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.9171 points.

H1 Avg (Jan–Jun) 209.5768
H2 Avg (Jul–Dec) 235.4939

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 27.1611 COP (High: 233.0970 / Low: 205.9358). On the other end, May was the most stable month, with a tight range of 3.9670 COP (High: 211.7081 / Low: 207.7412).

June Spread (Volatile) ±27.1611
May Spread (Stable) ±3.9670

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 November and December, when the average rate fell by 4.7410 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -4.7410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 245.7559) against the same month in 2023 (average: 215.0974), the exchange rate shifted by +30.6585 (+14.25%).

2024 Avg (November) 245.7559
2023 Avg (November) 215.0974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 211.7329 204.2195 208.6595
February 210.7102 204.1055 207.0385
March 211.0729 203.6303 206.7682
April 209.5279 201.7613 204.6256
May 211.7081 207.7412 210.1905
June 233.0970 205.9358 220.1786
July 228.0428 217.9005 221.4756
August 233.9914 221.4823 224.9562
September 243.5589 231.2674 237.5253
October 249.9765 237.8591 242.2357
November 254.0194 240.5985 245.7559
December 246.9839 234.2265 241.0149