2024 TRY to COP Historical Review

YEARLY HIGH

131.6186 COP

YEARLY LOW

116.7832 COP

YEARLY AVERAGE

123.8625 COP

2024 TRY to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 131.6186. Conversely, the yearly low was recorded on April 8, dropping to 116.7832.

This high-to-low spread represents a total annual volatility of 14.8354 COP. From a start-to-finish perspective, comparing the January average rate of 130.2559 to the December average rate of 125.4695, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 131.6186 was down 50.31% compared to the 2023 peak of 264.8804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 6,580,928 COP

2023 Average 9,479,802 COP

Yearly Trough Low 5,839,160 COP

Transaction Impact: A difference of 741,768.07 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

131.3384

118.3485

JanuMarcMayJulySeptNove

TRY 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 123.8177, compared to 123.9073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0896 points.

H1 Avg (Jan–Jun) 123.8177

H2 Avg (Jul–Dec) 123.9073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 9.5558 COP (High: 127.6334 / Low: 118.0777). On the other end, January was the most stable month, with a tight range of 2.8313 COP (High: 131.6186 / Low: 128.7873).

June Spread (Volatile) ±9.5558

January Spread (Stable) ±2.8313

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.9083 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.9083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 130.2559) against the same month in 2023 (average: 250.9783), the exchange rate shifted by -120.7224 (-48.10%).

2024 Avg (January) 130.2559

2023 Avg (January) 250.9783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	131.6186	128.7873	130.2559
February	129.5167	125.6833	127.5095
March	124.8690	118.5852	121.6012
April	121.9782	116.7832	119.4310
May	121.0271	118.0759	119.7493
June	127.6334	118.0777	124.3595
July	126.7694	119.4194	122.6899
August	123.7248	117.8618	120.3701
September	126.2900	121.1519	122.8234
October	128.6244	120.9998	124.2658
November	130.7999	125.9199	127.8251
December	128.5392	123.1789	125.4695