YEARLY HIGH
972.5633 COP
YEARLY LOW
816.3078 COP
YEARLY AVERAGE
885.3939 COP

2024 RON to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 972.5633. Conversely, the yearly low was recorded on April 13, dropping to 816.3078.

This high-to-low spread represents a total annual volatility of 156.2555 COP. From a start-to-finish perspective, comparing the January average rate of 859.5251 to the December average rate of 924.4859, the exchange rate registered a net change of 7.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 972.5633 was down 9.34% compared to the 2023 peak of 1072.7184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,862,817 COP
2023 Average 4,725,885 COP
Yearly Trough Low 4,081,539 COP
Transaction Impact: A difference of 781,277.55 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

951.2777
822.3016
JanuMarcMayJulySeptNove

RON 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 852.2312, compared to 918.5567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 66.3255 points.

H1 Avg (Jan–Jun) 852.2312
H2 Avg (Jul–Dec) 918.5567

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 59.6181 COP (High: 899.9426 / Low: 840.3245). On the other end, May was the most stable month, with a tight range of 15.5518 COP (High: 846.2875 / Low: 830.7357).

June Spread (Volatile) ±59.6181
May Spread (Stable) ±15.5518

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 19.2299 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -19.2299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 940.5297) against the same month in 2023 (average: 877.3083), the exchange rate shifted by +63.2213 (+7.21%).

2024 Avg (November) 940.5297
2023 Avg (November) 877.3083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 870.5837 850.8909 859.5251
February 865.4764 844.4354 852.2846
March 863.8475 837.3639 852.2794
April 852.6572 816.3078 833.0496
May 846.2875 830.7357 839.6894
June 899.9426 840.3245 876.5592
July 893.0223 865.8953 881.3666
August 916.4768 877.9114 898.3135
September 950.7272 917.6595 934.2983
October 965.3178 914.2409 932.3461
November 972.5633 913.3383 940.5297
December 943.4582 910.2745 924.4859