YEARLY HIGH
2335.5829 COP
YEARLY LOW
1840.6206 COP
YEARLY AVERAGE
2152.7906 COP

2020 BGN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 2335.5829. Conversely, the yearly low was recorded on January 9, dropping to 1840.6206.

This high-to-low spread represents a total annual volatility of 494.9623 COP. From a start-to-finish perspective, comparing the January average rate of 1879.4113 to the December average rate of 2154.6678, the exchange rate registered a net change of 14.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2335.5829 was up 17.48% compared to the 2019 peak of 1988.0108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,677,914 COP
2019 Average 9,385,065 COP
Yearly Trough Low 9,203,103 COP
Transaction Impact: A difference of 2,474,811.29 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2349.0368
1836.7181
JanuMarcMayJulySeptNove

BGN 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 2076.1028, compared to 2229.4784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 153.3756 points.

H1 Avg (Jan–Jun) 2076.1028
H2 Avg (Jul–Dec) 2229.4784

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 353.8221 COP (High: 2319.4868 / Low: 1965.6648). On the other end, October was the most stable month, with a tight range of 46.7857 COP (High: 2326.3340 / Low: 2279.5483).

March Spread (Volatile) ±353.8221
October Spread (Stable) ±46.7857

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 76.4261 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -76.4261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 2286.8526) against the same month in 2019 (average: 1936.6745), the exchange rate shifted by +350.1781 (+18.08%).

2020 Avg (August) 2286.8526
2019 Avg (August) 1936.6745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1937.0034 1840.6206 1879.4113
February 1969.8165 1869.3620 1902.1342
March 2319.4868 1965.6648 2190.8637
April 2282.6484 2138.3518 2205.3043
May 2212.5591 2100.2009 2147.4330
June 2183.9488 2056.1783 2131.4701
July 2263.0284 2085.4039 2138.3193
August 2335.5829 2238.3282 2286.8526
September 2328.4125 2212.2769 2259.5933
October 2326.3340 2279.5483 2306.3435
November 2307.9590 2184.7331 2231.0939
December 2202.3655 2118.1075 2154.6678