YEARLY HIGH
108.8481 COP
YEARLY LOW
95.1543 COP
YEARLY AVERAGE
101.3595 COP

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.

Transfer Payout Power Comparison

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

Yearly Peak High 544,240 COP
2023 Average 587,379 COP
Yearly Trough Low 475,772 COP
Transaction Impact: A difference of 68,468.70 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

107.3351
96.3367
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 100.5366
H2 Avg (Jul–Dec) 102.1824

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±8.0537
April Spread (Stable) ±3.3039

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 February and March, when the average rate fell by 2.6964 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.6964

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (November) 106.4185
2023 Avg (November) 111.5736

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