YEARLY HIGH
609.2402 COP
YEARLY LOW
468.8101 COP
YEARLY AVERAGE
534.6336 COP

2020 BOB to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 609.2402. Conversely, the yearly low was recorded on January 9, dropping to 468.8101.

This high-to-low spread represents a total annual volatility of 140.4301 COP. From a start-to-finish perspective, comparing the January average rate of 478.7801 to the December average rate of 502.2818, the exchange rate registered a net change of 4.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 609.2402 was up 19.94% compared to the 2019 peak of 507.9695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,046,201 COP
2019 Average 2,373,500 COP
Yearly Trough Low 2,344,050 COP
Transaction Impact: A difference of 702,150.71 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

585.3348
469.0933
JanuMarcMayJulySeptNove

BOB 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 534.1273, compared to 535.1400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0127 points.

H1 Avg (Jan–Jun) 534.1273
H2 Avg (Jul–Dec) 535.1400

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 110.3795 COP (High: 609.2402 / Low: 498.8607). On the other end, October was the most stable month, with a tight range of 15.2847 COP (High: 560.5165 / Low: 545.2319).

March Spread (Volatile) ±110.3795
October Spread (Stable) ±15.2847

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 31.9053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -31.9053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 563.1987) against the same month in 2019 (average: 452.6144), the exchange rate shifted by +110.5843 (+24.43%).

2020 Avg (March) 563.1987
2019 Avg (March) 452.6144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 494.6382 468.8101 478.7801
February 505.1086 487.0032 492.6691
March 609.2402 498.8607 563.1987
April 594.1043 555.2400 575.6480
May 578.2780 536.7527 558.2054
June 549.8085 515.2873 536.2625
July 541.7195 521.3926 528.4141
August 559.0703 539.4268 547.5930
September 562.1422 528.1900 543.2928
October 560.5165 545.2319 555.0709
November 560.7790 521.8249 534.1872
December 516.3170 493.3870 502.2818