2024 RSD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RSD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RSD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 41.3518. Conversely, the yearly low was recorded on April 13, dropping to 34.6643.
This high-to-low spread represents a total annual volatility of 6.6875 COP. From a start-to-finish perspective, comparing the January average rate of 36.4781 to the December average rate of 39.3224, the exchange rate registered a net change of 7.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 41.3518 was down 8.03% compared to the 2023 peak of 44.9615, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RSD to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 36.1872, compared to 39.0592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8720 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 2.5480 COP (High: 38.2328 / Low: 35.6849). On the other end, May was the most stable month, with a tight range of 0.6611 COP (High: 35.9453 / Low: 35.2843).
Growth Streaks & Declines
TrendsBetween 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 0.7771 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 40.0213) against the same month in 2023 (average: 37.1971), the exchange rate shifted by +2.8243 (+7.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.9192 | 36.1386 | 36.4781 |
| February | 36.7039 | 35.8674 | 36.1794 |
| March | 36.6249 | 35.5589 | 36.1583 |
| April | 36.1948 | 34.6643 | 35.3812 |
| May | 35.9453 | 35.2843 | 35.6638 |
| June | 38.2328 | 35.6849 | 37.2622 |
| July | 37.9685 | 36.7629 | 37.4448 |
| August | 39.0119 | 37.3157 | 38.2120 |
| September | 40.4127 | 39.0787 | 39.7132 |
| October | 41.0317 | 38.8878 | 39.6415 |
| November | 41.3518 | 38.8693 | 40.0213 |
| December | 40.1406 | 38.7262 | 39.3224 |