YEARLY HIGH
253.9114 COP
YEARLY LOW
201.7076 COP
YEARLY AVERAGE
222.6342 COP

2024 SZL to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 253.9114. Conversely, the yearly low was recorded on April 3, dropping to 201.7076.

This high-to-low spread represents a total annual volatility of 52.2039 COP. From a start-to-finish perspective, comparing the January average rate of 208.6872 to the December average rate of 241.0520, the exchange rate registered a net change of 15.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 253.9114 was down 13.32% compared to the 2023 peak of 292.9175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,269,557 COP
2023 Average 1,174,406 COP
Yearly Trough Low 1,008,538 COP
Transaction Impact: A difference of 261,019.35 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

250.2192
200.8787
JanuMarcMayJulySeptNove

SZL 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 209.6517, compared to 235.6167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.9650 points.

H1 Avg (Jan–Jun) 209.6517
H2 Avg (Jul–Dec) 235.6167

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 27.4454 COP (High: 233.2177 / Low: 205.7723). On the other end, May was the most stable month, with a tight range of 4.4370 COP (High: 211.6905 / Low: 207.2535).

June Spread (Volatile) ±27.4454
May Spread (Stable) ±4.4370

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.0555 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -5.0555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 246.1075) against the same month in 2023 (average: 217.7631), the exchange rate shifted by +28.3444 (+13.02%).

2024 Avg (November) 246.1075
2023 Avg (November) 217.7631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 211.8127 204.5126 208.6872
February 210.4908 204.1843 207.1027
March 210.9392 203.7622 206.9042
April 209.6659 201.7076 204.9904
May 211.6905 207.2535 210.0260
June 233.2177 205.7723 220.1999
July 229.2908 217.9410 221.5683
August 234.0466 221.4211 225.0642
September 243.6695 231.1752 237.5091
October 249.9028 237.9372 242.3994
November 253.9114 240.8988 246.1075
December 247.0282 234.3064 241.0520