YEARLY HIGH
2.9323 GNF
YEARLY LOW
2.2628 GNF
YEARLY AVERAGE
2.6161 GNF

2020 COP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2.9323. Conversely, the yearly low was recorded on March 19, dropping to 2.2628.

This high-to-low spread represents a total annual volatility of 0.6696 GNF. From a start-to-finish perspective, comparing the January average rate of 2.8655 to the December average rate of 2.8722, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.9323 was down 2.05% compared to the 2019 peak of 2.9938, 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 14,661,690 GNF
2019 Average 14,085,543 GNF
Yearly Trough Low 11,313,895 GNF
Transaction Impact: A difference of 3,347,795.63 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.9202
2.3450
JanuMarcMayJulySeptNove

COP to GNF 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 2.5890, compared to 2.6432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 2.5890
H2 Avg (Jul–Dec) 2.6432

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4921 GNF (High: 2.7549 / Low: 2.2628). On the other end, October was the most stable month, with a tight range of 0.0726 GNF (High: 2.5913 / Low: 2.5187).

March Spread (Volatile) ±0.4921
October Spread (Stable) ±0.0726

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 0.3263 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.8722) against the same month in 2019 (average: 2.8081), the exchange rate shifted by +0.0641 (+2.28%).

2020 Avg (December) 2.8722
2019 Avg (December) 2.8081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9269 2.7521 2.8655
February 2.8131 2.7025 2.7802
March 2.7549 2.2628 2.4538
April 2.4696 2.3143 2.3929
May 2.5719 2.3854 2.4616
June 2.6902 2.5050 2.5797
July 2.6716 2.5691 2.6382
August 2.5869 2.5021 2.5512
September 2.6428 2.5185 2.5865
October 2.5913 2.5187 2.5520
November 2.7264 2.5303 2.6591
December 2.9323 2.7602 2.8722