2024 QAR to COP Historical Review

YEARLY HIGH

1235.7928 COP

YEARLY LOW

1032.0888 COP

YEARLY AVERAGE

1117.8107 COP

2024 QAR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 1235.7928. Conversely, the yearly low was recorded on April 8, dropping to 1032.0888.

This high-to-low spread represents a total annual volatility of 203.7040 COP. From a start-to-finish perspective, comparing the January average rate of 1075.8768 to the December average rate of 1205.5751, the exchange rate registered a net change of 12.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1235.7928 was down 9.51% compared to the 2023 peak of 1365.6583, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,178,964 COP

2023 Average 5,931,946 COP

Yearly Trough Low 5,160,444 COP

Transaction Impact: A difference of 1,018,519.97 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1224.3713

1045.8012

JanuMarcMayJulySeptNove

QAR 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 1076.4815, compared to 1159.1400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 82.6585 points.

H1 Avg (Jan–Jun) 1076.4815

H2 Avg (Jul–Dec) 1159.1400

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 88.8630 COP (High: 1145.5499 / Low: 1056.6869). On the other end, February was the most stable month, with a tight range of 23.2781 COP (High: 1089.1619 / Low: 1065.8837).

June Spread (Volatile) ±88.8630

February Spread (Stable) ±23.2781

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 9.3233 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.3233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1209.4904) against the same month in 2023 (average: 1107.4671), the exchange rate shifted by +102.0234 (+9.21%).

2024 Avg (November) 1209.4904

2023 Avg (November) 1107.4671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1089.1215	1063.3260	1075.8768
February	1089.1619	1065.8837	1078.0735
March	1080.9116	1055.2592	1070.4239
April	1088.1041	1032.0888	1061.1006
May	1072.3341	1044.0075	1060.6820
June	1145.5499	1056.6869	1112.7321
July	1136.9707	1082.2878	1108.3820
August	1138.0848	1098.0839	1114.7770
September	1179.4182	1134.5267	1148.5779
October	1211.6156	1138.8236	1168.0374
November	1235.7928	1186.5691	1209.4904
December	1226.3713	1182.0517	1205.5751