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2021 SHP to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SHP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 5533.6217. Conversely, the yearly low was recorded on January 7, dropping to 4628.5317.
This high-to-low spread represents a total annual volatility of 905.0900 COP. From a start-to-finish perspective, comparing the January average rate of 4762.3614 to the December average rate of 5285.6872, the exchange rate registered a net change of 10.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 5533.6217 was up 8.47% compared to the 2020 peak of 5101.3352, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
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SHP to COP 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 5029.1718, compared to 5266.2834 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 237.1116 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 347.7704 COP (High: 5482.9845 / Low: 5135.2141). On the other end, October was the most stable month, with a tight range of 145.2594 COP (High: 5216.6438 / Low: 5071.3844).
Growth Streaks & Declines
TrendsBetween January and May, 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 August and September, when the average rate fell by 104.7968 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2021: 5357.8344) against the same month in 2020 (average: 4967.2181), the exchange rate shifted by +390.6163 (+7.86%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 4945.6201 | 4628.5317 | 4762.3614 |
| February | 5082.3805 | 4807.2965 | 4931.8323 |
| March | 5144.3991 | 4902.3523 | 5005.4392 |
| April | 5159.9824 | 4967.7864 | 5041.4444 |
| May | 5340.2330 | 5156.1981 | 5259.7857 |
| June | 5288.6050 | 5078.5084 | 5174.1676 |
| July | 5448.5492 | 5168.5598 | 5287.0225 |
| August | 5533.6217 | 5256.2285 | 5357.8344 |
| September | 5327.6726 | 5166.0233 | 5253.0376 |
| October | 5216.6438 | 5071.3844 | 5168.1042 |
| November | 5372.6879 | 5121.6023 | 5246.0142 |
| December | 5482.9845 | 5135.2141 | 5285.6872 |