YEARLY HIGH
1110.6322 COP
YEARLY LOW
843.8412 COP
YEARLY AVERAGE
1022.7728 COP

2024 PLN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 1110.6322. Conversely, the yearly low was recorded on January 1, dropping to 843.8412.

This high-to-low spread represents a total annual volatility of 266.7910 COP. From a start-to-finish perspective, comparing the January average rate of 975.7937 to the December average rate of 1077.2185, the exchange rate registered a net change of 10.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1110.6322 was down 3.16% compared to the 2023 peak of 1146.8442, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 22,212,644 COP
2023 Average 20,581,860 COP
Yearly Trough Low 16,876,824 COP
Transaction Impact: A difference of 5,335,820.32 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1099.1908
950.4678
JanuMarcMayJulySeptNove

PLN 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 981.3076, compared to 1064.2380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 82.9305 points.

H1 Avg (Jan–Jun) 981.3076
H2 Avg (Jul–Dec) 1064.2380

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 150.4921 COP (High: 994.3333 / Low: 843.8412). On the other end, May was the most stable month, with a tight range of 23.6957 COP (High: 989.7403 / Low: 966.0447).

January Spread (Volatile) ±150.4921
May Spread (Stable) ±23.6957

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 20.8548 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -20.8548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1080.7107) against the same month in 2023 (average: 990.9606), the exchange rate shifted by +89.7501 (+9.06%).

2024 Avg (November) 1080.7107
2023 Avg (November) 990.9606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 994.3333 843.8412 975.7937
February 998.1504 967.7740 980.4216
March 1002.3288 967.9767 983.7162
April 983.0825 946.6170 962.8614
May 989.7403 966.0447 975.5141
June 1038.1647 973.5126 1009.5383
July 1036.1622 1004.7066 1023.8439
August 1064.8670 1015.2232 1042.2681
September 1104.1556 1064.7923 1086.7972
October 1103.1052 1052.5520 1074.5899
November 1110.6322 1053.9865 1080.7107
December 1097.7198 1062.9041 1077.2185