2024 SCR to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 334.1786. Conversely, the yearly low was recorded on August 4, dropping to 270.0714.
This high-to-low spread represents a total annual volatility of 64.1073 COP. From a start-to-finish perspective, comparing the January average rate of 292.9384 to the December average rate of 311.3625, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 334.1786 was down 11.31% compared to the 2023 peak of 376.7815, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SCR 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 288.7677, compared to 307.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.2567 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 48.7751 COP (High: 334.1786 / Low: 285.4035). On the other end, May was the most stable month, with a tight range of 14.2088 COP (High: 289.7572 / Low: 275.5483).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 9.1300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 311.3625) against the same month in 2023 (average: 294.6479), the exchange rate shifted by +16.7146 (+5.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 302.2933 | 282.1520 | 292.9384 |
| February | 298.8403 | 282.7302 | 291.8997 |
| March | 291.8986 | 275.0588 | 286.8242 |
| April | 292.9640 | 273.1512 | 284.4119 |
| May | 289.7572 | 275.5483 | 282.9778 |
| June | 305.3072 | 280.0160 | 293.5544 |
| July | 305.1587 | 283.8888 | 292.7901 |
| August | 313.7741 | 270.0714 | 295.5930 |
| September | 322.4941 | 299.2330 | 311.1776 |
| October | 327.9607 | 280.2669 | 310.7308 |
| November | 329.4242 | 306.7104 | 320.4925 |
| December | 334.1786 | 285.4035 | 311.3625 |