YEARLY HIGH
2647.9677 COP
YEARLY LOW
2059.1642 COP
YEARLY AVERAGE
2286.8891 COP

2022 BGN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 2647.9677. Conversely, the yearly low was recorded on April 19, dropping to 2059.1642.

This high-to-low spread represents a total annual volatility of 588.8035 COP. From a start-to-finish perspective, comparing the January average rate of 2315.4858 to the December average rate of 2591.3377, the exchange rate registered a net change of 11.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2647.9677 was up 10.60% compared to the 2021 peak of 2394.2494, 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 13,239,839 COP
2021 Average 11,315,040 COP
Yearly Trough Low 10,295,821 COP
Transaction Impact: A difference of 2,944,017.66 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2640.2963
2052.7932
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 2190.5420, compared to 2383.2361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 192.6942 points.

H1 Avg (Jan–Jun) 2190.5420
H2 Avg (Jul–Dec) 2383.2361

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 289.0389 COP (High: 2548.4279 / Low: 2259.3890). On the other end, February was the most stable month, with a tight range of 82.2597 COP (High: 2318.8850 / Low: 2236.6253).

October Spread (Volatile) ±289.0389
February Spread (Stable) ±82.2597

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 142.9745 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -142.9745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 2571.4444) against the same month in 2021 (average: 2276.0665), the exchange rate shifted by +295.3778 (+12.98%).

2022 Avg (November) 2571.4444
2021 Avg (November) 2276.0665

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2363.3843 2242.2821 2315.4858
February 2318.8850 2236.6253 2285.4991
March 2249.5073 2107.9327 2142.5246
April 2155.8028 2059.1642 2101.7518
May 2216.6043 2076.1041 2175.0361
June 2240.2411 2064.7871 2122.9543
July 2384.7921 2209.2770 2281.7684
August 2277.8948 2157.0652 2240.4179
September 2317.7886 2177.2553 2249.3277
October 2548.4279 2259.3890 2365.1208
November 2647.9677 2490.1267 2571.4444
December 2642.4156 2544.9935 2591.3377