2024 SRD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 146.7510. Conversely, the yearly low was recorded on January 9, dropping to 105.3860.
This high-to-low spread represents a total annual volatility of 41.3650 COP. From a start-to-finish perspective, comparing the January average rate of 106.8353 to the December average rate of 124.6993, the exchange rate registered a net change of 16.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 146.7510 was down 6.74% compared to the 2023 peak of 157.3532, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SRD 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 114.2889, compared to 133.1308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.8419 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 16.4613 COP (High: 135.8260 / Low: 119.3647). On the other end, January was the most stable month, with a tight range of 2.3986 COP (High: 107.7846 / Low: 105.3860).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 9.9037 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 140.9256) against the same month in 2023 (average: 104.6880), the exchange rate shifted by +36.2376 (+34.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 107.7846 | 105.3860 | 106.8353 |
| February | 112.3161 | 105.9466 | 108.6708 |
| March | 112.0875 | 109.4336 | 110.6485 |
| April | 116.7032 | 107.6319 | 111.6875 |
| May | 120.7731 | 115.3012 | 118.4933 |
| June | 135.8260 | 119.3647 | 129.3982 |
| July | 140.8998 | 132.8995 | 136.0599 |
| August | 144.4418 | 138.7325 | 140.8587 |
| September | 146.7510 | 135.3239 | 140.9256 |
| October | 137.0027 | 126.1051 | 131.0219 |
| November | 128.5713 | 122.9825 | 125.2197 |
| December | 126.2548 | 122.3266 | 124.6993 |