2020 BGN to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |