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2014 COP to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the COP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.2959. Conversely, the yearly low was recorded on December 15, dropping to 0.2207.
This high-to-low spread represents a total annual volatility of 0.0752 CRC. From a start-to-finish perspective, comparing the January average rate of 0.2557 to the December average rate of 0.2287, the exchange rate registered a net change of -10.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 0.2959 was up 1.79% compared to the 2013 peak of 0.2907, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000,000 COP based on timing:
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COP to CRC 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: JanâJun) was 0.2730, compared to 0.2659 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0071 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was March, with a trading range of 0.0285 CRC (High: 0.2761 / Low: 0.2476). On the other end, July was the most stable month, with a tight range of 0.0061 CRC (High: 0.2930 / Low: 0.2869).
Growth Streaks & Declines
TrendsBetween February and June, 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 November and December, when the average rate fell by 0.0244 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2014: 0.2927) against the same month in 2013 (average: 0.2623), the exchange rate shifted by +0.0304 (+11.59%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2600 | 0.2504 | 0.2557 |
| February | 0.2539 | 0.2471 | 0.2508 |
| March | 0.2761 | 0.2476 | 0.2671 |
| April | 0.2863 | 0.2770 | 0.2830 |
| May | 0.2917 | 0.2840 | 0.2886 |
| June | 0.2959 | 0.2897 | 0.2927 |
| July | 0.2930 | 0.2869 | 0.2905 |
| August | 0.2885 | 0.2804 | 0.2853 |
| September | 0.2840 | 0.2662 | 0.2740 |
| October | 0.2679 | 0.2609 | 0.2636 |
| November | 0.2629 | 0.2446 | 0.2532 |
| December | 0.2404 | 0.2207 | 0.2287 |