YEARLY HIGH
0.0115 ETB
YEARLY LOW
0.0078 ETB
YEARLY AVERAGE
0.0095 ETB

2020 COP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0115. Conversely, the yearly low was recorded on March 24, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0037 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0112, the exchange rate registered a net change of 15.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0115 was up 17.94% compared to the 2019 peak of 0.0097, 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 57,361 ETB
2019 Average 44,559 ETB
Yearly Trough Low 38,830 ETB
Transaction Impact: A difference of 18,531.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0115
0.0080
JanuMarcMayJulySeptNove

COP to ETB 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 0.0090, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0090
H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0017 ETB (High: 0.0094 / Low: 0.0078). On the other end, February was the most stable month, with a tight range of 0.0003 ETB (High: 0.0095 / Low: 0.0093).

March Spread (Volatile) ±0.0017
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0112) against the same month in 2019 (average: 0.0093), the exchange rate shifted by +0.0018 (+19.82%).

2020 Avg (December) 0.0112
2019 Avg (December) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0099 0.0094 0.0097
February 0.0095 0.0093 0.0094
March 0.0094 0.0078 0.0084
April 0.0087 0.0081 0.0083
May 0.0092 0.0083 0.0088
June 0.0096 0.0090 0.0093
July 0.0098 0.0093 0.0096
August 0.0096 0.0093 0.0095
September 0.0101 0.0095 0.0098
October 0.0099 0.0095 0.0097
November 0.0106 0.0098 0.0103
December 0.0115 0.0107 0.0112