2024 XDR to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XDR to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XDR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 5968.3284. Conversely, the yearly low was recorded on April 8, dropping to 4993.2096.
This high-to-low spread represents a total annual volatility of 975.1188 COP. From a start-to-finish perspective, comparing the January average rate of 5233.8492 to the December average rate of 5760.2252, the exchange rate registered a net change of 10.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 5968.3284 was down 10.05% compared to the 2023 peak of 6635.2907, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XDR 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 5199.2231, compared to 5614.7374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 415.5143 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 406.1156 COP (High: 5501.8223 / Low: 5095.7067). On the other end, February was the most stable month, with a tight range of 108.4271 COP (High: 5274.8206 / Low: 5166.3935).
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 March and April, when the average rate fell by 79.6476 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 5823.3761) against the same month in 2023 (average: 5329.3943), the exchange rate shifted by +493.9817 (+9.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5309.8665 | 5182.7154 | 5233.8492 |
| February | 5274.8206 | 5166.3935 | 5213.6693 |
| March | 5241.2937 | 5106.6740 | 5184.1190 |
| April | 5199.6461 | 4993.2096 | 5104.4714 |
| May | 5162.8447 | 5028.9321 | 5107.7499 |
| June | 5501.8223 | 5095.7067 | 5351.4796 |
| July | 5444.3926 | 5230.4164 | 5340.8840 |
| August | 5556.0386 | 5344.7377 | 5419.6834 |
| September | 5796.1123 | 5557.4315 | 5644.5299 |
| October | 5873.3424 | 5576.8954 | 5699.7258 |
| November | 5968.3284 | 5715.7681 | 5823.3761 |
| December | 5868.9950 | 5649.4507 | 5760.2252 |