YEARLY HIGH
2394.2494 COP
YEARLY LOW
2135.1611 COP
YEARLY AVERAGE
2262.5592 COP

2021 BGN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 2394.2494. Conversely, the yearly low was recorded on January 18, dropping to 2135.1611.

This high-to-low spread represents a total annual volatility of 259.0884 COP. From a start-to-finish perspective, comparing the January average rate of 2172.2020 to the December average rate of 2294.4326, the exchange rate registered a net change of 5.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2394.2494 was up 2.51% compared to the 2020 peak of 2335.5829, 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 11,971,247 COP
2020 Average 10,767,847 COP
Yearly Trough Low 10,675,805 COP
Transaction Impact: A difference of 1,295,441.81 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2353.4387
2155.7260
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 2231.2716, compared to 2293.8467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 62.5751 points.

H1 Avg (Jan–Jun) 2231.2716
H2 Avg (Jul–Dec) 2293.8467

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 118.3314 COP (High: 2267.1365 / Low: 2148.8051). On the other end, October was the most stable month, with a tight range of 55.0152 COP (High: 2255.0108 / Low: 2199.9956).

March Spread (Volatile) ±118.3314
October Spread (Stable) ±55.0152

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 63.2156 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -63.2156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 2336.9626) against the same month in 2020 (average: 2286.8526), the exchange rate shifted by +50.1100 (+2.19%).

2021 Avg (August) 2336.9626
2020 Avg (August) 2286.8526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2239.1654 2135.1611 2172.2020
February 2243.7146 2163.0935 2198.5711
March 2267.1365 2148.8051 2196.9111
April 2297.6765 2185.3558 2227.6661
May 2367.4145 2287.7875 2320.1045
June 2319.4052 2231.1114 2272.1747
July 2372.9303 2264.8510 2313.9370
August 2394.2494 2302.3806 2336.9626
September 2328.7271 2270.8326 2302.4487
October 2255.0108 2199.9956 2239.2331
November 2342.4610 2225.0422 2276.0665
December 2352.5527 2245.8627 2294.4326