YEARLY HIGH
0.0643 CVE
YEARLY LOW
0.0240 CVE
YEARLY AVERAGE
0.0265 CVE

2020 COP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0643. Conversely, the yearly low was recorded on August 26, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0403 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0301 to the December average rate of 0.0263, the exchange rate registered a net change of -12.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0643 was up 102.74% compared to the 2019 peak of 0.0317, 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 321,310 CVE
2019 Average 150,738 CVE
Yearly Trough Low 120,041 CVE
Transaction Impact: A difference of 201,268.30 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0307
0.0240
JanuMarcMayJulySeptNove

COP to CVE 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 0.0276, compared to 0.0254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0276
H2 Avg (Jul–Dec) 0.0254

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0400 CVE (High: 0.0643 / Low: 0.0243). On the other end, October was the most stable month, with a tight range of 0.0006 CVE (High: 0.0249 / Low: 0.0244).

March Spread (Volatile) ±0.0400
October Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0272) against the same month in 2019 (average: 0.0313), the exchange rate shifted by -0.0041 (-13.03%).

2020 Avg (March) 0.0272
2019 Avg (March) 0.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0307 0.0293 0.0301
February 0.0302 0.0289 0.0298
March 0.0643 0.0243 0.0272
April 0.0264 0.0248 0.0257
May 0.0270 0.0256 0.0263
June 0.0275 0.0259 0.0266
July 0.0273 0.0251 0.0265
August 0.0253 0.0240 0.0247
September 0.0256 0.0244 0.0250
October 0.0249 0.0244 0.0246
November 0.0258 0.0244 0.0254
December 0.0267 0.0258 0.0263