2024 UAH to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UAH to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UAH to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 108.8481. Conversely, the yearly low was recorded on May 31, dropping to 95.1543.
This high-to-low spread represents a total annual volatility of 13.6937 COP. From a start-to-finish perspective, comparing the January average rate of 103.5806 to the December average rate of 105.1274, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 108.8481 was down 19.57% compared to the 2023 peak of 135.3362, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UAH 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 100.5366, compared to 102.1824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6458 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 8.0537 COP (High: 103.2357 / Low: 95.1820). On the other end, April was the most stable month, with a tight range of 3.3039 COP (High: 99.8910 / Low: 96.5871).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 2.6964 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 106.4185) against the same month in 2023 (average: 111.5736), the exchange rate shifted by -5.1551 (-4.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 105.7564 | 101.6413 | 103.5806 |
| February | 105.1890 | 101.3443 | 103.4015 |
| March | 102.9922 | 98.1866 | 100.7050 |
| April | 99.8910 | 96.5871 | 98.1515 |
| May | 99.4023 | 95.1543 | 97.2532 |
| June | 103.2357 | 95.1820 | 100.1278 |
| July | 101.8473 | 95.5442 | 98.5011 |
| August | 101.1040 | 96.6586 | 98.5037 |
| September | 104.0679 | 100.0105 | 101.3876 |
| October | 107.1169 | 100.6831 | 103.1561 |
| November | 108.8481 | 104.2565 | 106.4185 |
| December | 106.9155 | 103.1557 | 105.1274 |