YEARLY HIGH
0.5695 BIF
YEARLY LOW
0.4931 BIF
YEARLY AVERAGE
0.5282 BIF

2021 COP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the COP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.5695. Conversely, the yearly low was recorded on November 30, dropping to 0.4931.

This high-to-low spread represents a total annual volatility of 0.0765 BIF. From a start-to-finish perspective, comparing the January average rate of 0.5578 to the December average rate of 0.5031, the exchange rate registered a net change of -9.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5695 was down 2.02% compared to the 2020 peak of 0.5813, 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 2,847,544 BIF
2020 Average 2,602,180 BIF
Yearly Trough Low 2,465,283 BIF
Transaction Impact: A difference of 382,261.68 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5633
0.4976
JanuMarcMayJulySeptNove

COP to BIF 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 0.5412, compared to 0.5151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0261 points.

H1 Avg (Jan–Jun) 0.5412
H2 Avg (Jul–Dec) 0.5151

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0379 BIF (High: 0.5309 / Low: 0.4931). On the other end, October was the most stable month, with a tight range of 0.0129 BIF (High: 0.5359 / Low: 0.5230).

November Spread (Volatile) ±0.0379
October Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0180 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5578) against the same month in 2020 (average: 0.5694), the exchange rate shifted by -0.0116 (-2.04%).

2021 Avg (January) 0.5578
2020 Avg (January) 0.5694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5695 0.5384 0.5578
February 0.5608 0.5369 0.5488
March 0.5558 0.5238 0.5414
April 0.5447 0.5258 0.5362
May 0.5377 0.5105 0.5271
June 0.5507 0.5231 0.5359
July 0.5289 0.5065 0.5180
August 0.5186 0.4958 0.5109
September 0.5290 0.5158 0.5202
October 0.5359 0.5230 0.5276
November 0.5309 0.4931 0.5109
December 0.5143 0.4944 0.5031