YEARLY HIGH
0.5762 COP
YEARLY LOW
0.5072 COP
YEARLY AVERAGE
0.5386 COP

2024 PYG to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.5762. Conversely, the yearly low was recorded on May 22, dropping to 0.5072.

This high-to-low spread represents a total annual volatility of 0.0690 COP. From a start-to-finish perspective, comparing the January average rate of 0.5383 to the December average rate of 0.5626, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5762 was down 15.17% compared to the 2023 peak of 0.6793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,881 COP
2023 Average 2,967 COP
Yearly Trough Low 2,536 COP
Transaction Impact: A difference of 345.14 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5681
0.5104
JanuMarcMayJulySeptNove

PYG 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 0.5311, compared to 0.5460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.5311
H2 Avg (Jul–Dec) 0.5460

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0428 COP (High: 0.5543 / Low: 0.5115). On the other end, February was the most stable month, with a tight range of 0.0107 COP (High: 0.5451 / Low: 0.5344).

June Spread (Volatile) ±0.0428
February Spread (Stable) ±0.0107

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 0.0104 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5633) against the same month in 2023 (average: 0.5420), the exchange rate shifted by +0.0214 (+3.94%).

2024 Avg (November) 0.5633
2023 Avg (November) 0.5420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5443 0.5322 0.5383
February 0.5451 0.5344 0.5392
March 0.5411 0.5217 0.5330
April 0.5328 0.5113 0.5225
May 0.5228 0.5072 0.5152
June 0.5543 0.5115 0.5385
July 0.5491 0.5221 0.5350
August 0.5476 0.5270 0.5351
September 0.5560 0.5309 0.5391
October 0.5584 0.5321 0.5408
November 0.5762 0.5504 0.5633
December 0.5729 0.5509 0.5626