YEARLY HIGH
0.2148 COP
YEARLY LOW
0.1791 COP
YEARLY AVERAGE
0.1942 COP

2024 SLL to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.2148. Conversely, the yearly low was recorded on April 8, dropping to 0.1791.

This high-to-low spread represents a total annual volatility of 0.0356 COP. From a start-to-finish perspective, comparing the January average rate of 0.1869 to the December average rate of 0.2094, the exchange rate registered a net change of 12.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2148 was down 23.71% compared to the 2023 peak of 0.2815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,074 COP
2023 Average 1,146 COP
Yearly Trough Low 896 COP
Transaction Impact: A difference of 178.24 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2127
0.1817
JanuMarcMayJulySeptNove

SLL 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 0.1870, compared to 0.2014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 0.1870
H2 Avg (Jul–Dec) 0.2014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0158 COP (High: 0.1993 / Low: 0.1835). On the other end, February was the most stable month, with a tight range of 0.0035 COP (High: 0.1891 / Low: 0.1856).

June Spread (Volatile) ±0.0158
February Spread (Stable) ±0.0035

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 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2101) against the same month in 2023 (average: 0.1922), the exchange rate shifted by +0.0179 (+9.31%).

2024 Avg (November) 0.2101
2023 Avg (November) 0.1922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1892 0.1851 0.1869
February 0.1891 0.1856 0.1873
March 0.1880 0.1833 0.1859
April 0.1891 0.1791 0.1843
May 0.1863 0.1816 0.1843
June 0.1993 0.1835 0.1934
July 0.1974 0.1882 0.1926
August 0.1978 0.1907 0.1934
September 0.2048 0.1971 0.1995
October 0.2104 0.1977 0.2030
November 0.2148 0.2064 0.2101
December 0.2130 0.2054 0.2094