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2017 COP to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the COP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 8.0944. Conversely, the yearly low was recorded on December 30, dropping to 6.7850.
This high-to-low spread represents a total annual volatility of 1.3095 STD. From a start-to-finish perspective, comparing the January average rate of 7.8539 to the December average rate of 6.9208, the exchange rate registered a net change of -11.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 8.0944 was up 2.65% compared to the 2016 peak of 7.8857, 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 STD 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 7.7601, compared to 6.9860 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.7742 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 0.5099 STD (High: 7.5674 / Low: 7.0574). On the other end, August was the most stable month, with a tight range of 0.1523 STD (High: 7.0707 / Low: 6.9184).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3686 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 8.0017) against the same month in 2016 (average: 6.5988), the exchange rate shifted by +1.4029 (+21.26%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 7.9796 | 7.7081 | 7.8539 |
| February | 8.0944 | 7.7987 | 8.0017 |
| March | 7.9720 | 7.6777 | 7.7960 |
| April | 8.0839 | 7.6242 | 7.9525 |
| May | 7.7264 | 7.4667 | 7.5840 |
| June | 7.5674 | 7.0574 | 7.3728 |
| July | 7.0958 | 6.9014 | 7.0081 |
| August | 7.0707 | 6.9184 | 6.9844 |
| September | 7.1182 | 6.9133 | 7.0507 |
| October | 7.2010 | 6.8753 | 7.0452 |
| November | 6.9858 | 6.8058 | 6.9066 |
| December | 6.9869 | 6.7850 | 6.9208 |