YEARLY HIGH
734.2922 COP
YEARLY LOW
540.5386 COP
YEARLY AVERAGE
617.2590 COP

2022 BOB to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 734.2922. Conversely, the yearly low was recorded on April 17, dropping to 540.5386.

This high-to-low spread represents a total annual volatility of 193.7536 COP. From a start-to-finish perspective, comparing the January average rate of 580.6810 to the December average rate of 692.8262, the exchange rate registered a net change of 19.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 734.2922 was up 24.98% compared to the 2021 peak of 587.5396, 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 3,671,461 COP
2021 Average 2,711,891 COP
Yearly Trough Low 2,702,693 COP
Transaction Impact: A difference of 968,768.24 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

728.5918
535.7704
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 569.0510, compared to 665.4670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 96.4159 points.

H1 Avg (Jan–Jun) 569.0510
H2 Avg (Jul–Dec) 665.4670

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 72.4222 COP (High: 721.5894 / Low: 649.1672). On the other end, February was the most stable month, with a tight range of 13.5359 COP (High: 577.0519 / Low: 563.5160).

October Spread (Volatile) ±72.4222
February Spread (Stable) ±13.5359

Growth Streaks & Declines

Trends

Between August and November, 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 19.6971 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -19.6971

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 712.5233) against the same month in 2021 (average: 565.5892), the exchange rate shifted by +146.9341 (+25.98%).

2022 Avg (November) 712.5233
2021 Avg (November) 565.5892

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 592.0021 570.3725 580.6810
February 577.0519 563.5160 572.3898
March 575.0960 542.5127 553.4759
April 579.9176 540.5386 551.8388
May 598.4759 549.2110 585.3170
June 603.3680 547.8695 570.6038
July 675.6422 605.0291 637.1184
August 639.7123 600.3718 627.4272
September 659.2786 629.3405 642.5170
October 721.5894 649.1672 680.3897
November 734.2922 689.7781 712.5233
December 703.3314 685.1660 692.8262