YEARLY HIGH
1608.3507 COP
YEARLY LOW
1341.3812 COP
YEARLY AVERAGE
1454.2900 COP

2024 WST to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1608.3507. Conversely, the yearly low was recorded on April 8, dropping to 1341.3812.

This high-to-low spread represents a total annual volatility of 266.9695 COP. From a start-to-finish perspective, comparing the January average rate of 1399.8602 to the December average rate of 1568.4616, the exchange rate registered a net change of 12.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1608.3507 was down 12.75% compared to the 2023 peak of 1843.4230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,041,753 COP
2023 Average 7,916,894 COP
Yearly Trough Low 6,706,906 COP
Transaction Impact: A difference of 1,334,847.41 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1592.8257
1360.7562
JanuMarcMayJulySeptNove

WST 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 1400.5977, compared to 1507.9824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 107.3847 points.

H1 Avg (Jan–Jun) 1400.5977
H2 Avg (Jul–Dec) 1507.9824

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 118.1575 COP (High: 1492.3221 / Low: 1374.1647). On the other end, February was the most stable month, with a tight range of 26.3313 COP (High: 1416.1049 / Low: 1389.7736).

June Spread (Volatile) ±118.1575
February Spread (Stable) ±26.3313

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 11.7755 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -11.7755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1573.4866) against the same month in 2023 (average: 1439.4455), the exchange rate shifted by +134.0411 (+9.31%).

2024 Avg (November) 1573.4866
2023 Avg (November) 1439.4455

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1416.9739 1386.4282 1399.8602
February 1416.1049 1389.7736 1402.8953
March 1408.1791 1372.8439 1392.2038
April 1416.1663 1341.3812 1380.4283
May 1394.9324 1359.7029 1380.0953
June 1492.3221 1374.1647 1448.1033
July 1478.3665 1409.3992 1442.4453
August 1481.3019 1428.3506 1448.6689
September 1533.8625 1476.2438 1494.2978
October 1575.7779 1480.8091 1520.5341
November 1608.3507 1545.7706 1573.4866
December 1595.3878 1538.0388 1568.4616