2024 NZD to COP Historical Review

YEARLY HIGH

2658.9358 COP

YEARLY LOW

2266.5152 COP

YEARLY AVERAGE

2462.4105 COP

2024 NZD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 2658.9358. Conversely, the yearly low was recorded on April 8, dropping to 2266.5152.

This high-to-low spread represents a total annual volatility of 392.4206 COP. From a start-to-finish perspective, comparing the January average rate of 2420.0666 to the December average rate of 2520.1900, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2658.9358 was down 14.49% compared to the 2023 peak of 3109.3534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,294,679 COP

2023 Average 13,288,233 COP

Yearly Trough Low 11,332,576 COP

Transaction Impact: A difference of 1,962,103.05 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2635.4435

2270.5135

JanuMarcMayJulySeptNove

NZD 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 2388.1858, compared to 2536.6351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 148.4493 points.

H1 Avg (Jan–Jun) 2388.1858

H2 Avg (Jul–Dec) 2536.6351

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 179.6712 COP (High: 2552.2696 / Low: 2372.5983). On the other end, May was the most stable month, with a tight range of 70.4819 COP (High: 2383.6374 / Low: 2313.1554).

June Spread (Volatile) ±179.6712

May Spread (Stable) ±70.4819

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 82.5572 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -82.5572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2602.7473) against the same month in 2023 (average: 2417.4044), the exchange rate shifted by +185.3429 (+7.67%).

2024 Avg (November) 2602.7473

2023 Avg (November) 2417.4044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2460.5716	2378.0811	2420.0666
February	2446.2252	2373.7421	2407.2202
March	2417.6597	2301.5611	2368.4026
April	2357.0930	2266.5152	2300.9243
May	2383.6374	2313.1554	2345.6180
June	2552.2696	2372.5983	2486.8830
July	2513.2092	2367.7261	2436.6547
August	2578.4642	2403.5506	2468.6581
September	2651.6541	2567.7161	2605.0327
October	2647.8067	2540.7487	2586.5280
November	2658.9358	2542.0616	2602.7473
December	2627.4286	2464.0316	2520.1900