YEARLY HIGH
0.7434 CDF
YEARLY LOW
0.6358 CDF
YEARLY AVERAGE
0.6925 CDF

2024 COP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.7434. Conversely, the yearly low was recorded on November 17, dropping to 0.6358.

This high-to-low spread represents a total annual volatility of 0.1077 CDF. From a start-to-finish perspective, comparing the January average rate of 0.6944 to the December average rate of 0.6499, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7434 was up 4.50% compared to the 2023 peak of 0.7114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,717,114 CDF
2023 Average 2,734,959 CDF
Yearly Trough Low 3,178,800 CDF
Transaction Impact: A difference of 538,313.88 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7309
0.6420
JanuMarcMayJulySeptNove

COP to CDF 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 0.7088, compared to 0.6763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 0.7088
H2 Avg (Jul–Dec) 0.6763

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0544 CDF (High: 0.7320 / Low: 0.6776). On the other end, February was the most stable month, with a tight range of 0.0113 CDF (High: 0.7060 / Low: 0.6947).

June Spread (Volatile) ±0.0544
February Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0245 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7224) against the same month in 2023 (average: 0.4591), the exchange rate shifted by +0.2633 (+57.36%).

2024 Avg (April) 0.7224
2023 Avg (April) 0.4591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7042 0.6779 0.6944
February 0.7060 0.6947 0.7017
March 0.7234 0.7026 0.7117
April 0.7434 0.7041 0.7224
May 0.7368 0.7143 0.7235
June 0.7320 0.6776 0.6989
July 0.7245 0.6894 0.7042
August 0.7158 0.6874 0.7024
September 0.6903 0.6610 0.6808
October 0.6894 0.6495 0.6708
November 0.6643 0.6358 0.6494
December 0.6615 0.6413 0.6499