2024 TOP to COP Historical Review

YEARLY HIGH

1878.4597 COP

YEARLY LOW

1582.0153 COP

YEARLY AVERAGE

1718.8436 COP

2024 TOP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1878.4597. Conversely, the yearly low was recorded on April 8, dropping to 1582.0153.

This high-to-low spread represents a total annual volatility of 296.4444 COP. From a start-to-finish perspective, comparing the January average rate of 1664.0403 to the December average rate of 1834.0519, the exchange rate registered a net change of 10.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1878.4597 was down 11.52% compared to the 2023 peak of 2122.9753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,392,299 COP

2023 Average 9,153,351 COP

Yearly Trough Low 7,910,077 COP

Transaction Impact: A difference of 1,482,222.22 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1864.8063

1598.9263

JanuMarcMayJulySeptNove

TOP 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 1656.7432, compared to 1780.9441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.2009 points.

H1 Avg (Jan–Jun) 1656.7432

H2 Avg (Jul–Dec) 1780.9441

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 138.5122 COP (High: 1767.8594 / Low: 1629.3472). On the other end, January was the most stable month, with a tight range of 29.8876 COP (High: 1678.5714 / Low: 1648.6838).

June Spread (Volatile) ±138.5122

January Spread (Stable) ±29.8876

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 24.8541 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -24.8541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1842.6496) against the same month in 2023 (average: 1690.9946), the exchange rate shifted by +151.6551 (+8.97%).

2024 Avg (November) 1842.6496

2023 Avg (November) 1690.9946

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1678.5714	1648.6838	1664.0403
February	1680.2524	1632.4121	1658.9860
March	1664.1769	1619.8987	1645.9371
April	1662.2939	1582.0153	1621.0830
May	1647.3368	1614.0877	1631.6742
June	1767.8594	1629.3472	1718.7386
July	1752.4696	1673.8885	1706.8525
August	1765.2065	1686.0848	1715.7511
September	1824.2746	1768.2302	1784.3257
October	1850.9167	1763.7679	1802.0337
November	1878.4597	1816.0966	1842.6496
December	1865.5376	1798.4776	1834.0519