2024 UYU to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UYU to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UYU to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 106.9616. Conversely, the yearly low was recorded on December 16, dropping to 97.2834.
This high-to-low spread represents a total annual volatility of 9.6782 COP. From a start-to-finish perspective, comparing the January average rate of 100.0641 to the December average rate of 99.8787, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 106.9616 was down 15.44% compared to the 2023 peak of 126.4861, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UYU 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 101.0470, compared to 101.5919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5448 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 8.2098 COP (High: 106.3250 / Low: 98.1152). On the other end, February was the most stable month, with a tight range of 2.1592 COP (High: 101.4702 / Low: 99.3110).
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 November and December, when the average rate fell by 4.1555 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 104.0342) against the same month in 2023 (average: 101.6152), the exchange rate shifted by +2.4190 (+2.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 102.1915 | 98.6449 | 100.0641 |
| February | 101.4702 | 99.3110 | 100.3995 |
| March | 103.8052 | 99.8106 | 101.3518 |
| April | 103.2963 | 97.4673 | 100.6057 |
| May | 102.2158 | 98.2657 | 100.4095 |
| June | 105.9499 | 99.1567 | 103.4517 |
| July | 103.4697 | 98.2481 | 100.5517 |
| August | 102.4205 | 99.1355 | 100.5715 |
| September | 106.3250 | 98.1152 | 102.1560 |
| October | 106.5387 | 100.1420 | 102.3590 |
| November | 106.9616 | 102.0579 | 104.0342 |
| December | 103.4665 | 97.2834 | 99.8787 |