YEARLY HIGH
0.0025 NOK
YEARLY LOW
0.0022 NOK
YEARLY AVERAGE
0.0023 NOK

2021 COP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the COP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0025. Conversely, the yearly low was recorded on May 6, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0003 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0023, the exchange rate registered a net change of -7.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0025 was down 13.95% compared to the 2020 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,473 NOK
2020 Average 12,772 NOK
Yearly Trough Low 10,804 NOK
Transaction Impact: A difference of 1,669.28 NOK purely based on transaction execution date.

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0.0025
0.0022
JanuMarcMayJulySeptNove

COP to NOK 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 0.0023, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0002 NOK (High: 0.0023 / Low: 0.0022). On the other end, October was the most stable month, with a tight range of 0.0001 NOK (High: 0.0023 / Low: 0.0022).

December Spread (Volatile) Âą0.0002
October Spread (Stable) Âą0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0024) against the same month in 2020 (average: 0.0027), the exchange rate shifted by -0.0003 (-9.61%).

2021 Avg (January) 0.0024
2020 Avg (January) 0.0027

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Month High Low Average
January 0.0025 0.0024 0.0024
February 0.0024 0.0023 0.0024
March 0.0024 0.0023 0.0024
April 0.0023 0.0022 0.0023
May 0.0023 0.0022 0.0022
June 0.0023 0.0022 0.0023
July 0.0023 0.0022 0.0023
August 0.0023 0.0022 0.0023
September 0.0023 0.0022 0.0023
October 0.0023 0.0022 0.0022
November 0.0023 0.0022 0.0022
December 0.0023 0.0022 0.0023