YEARLY HIGH
1.1423 MGA
YEARLY LOW
0.9419 MGA
YEARLY AVERAGE
1.0592 MGA

2017 COP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the COP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 24, valuing the pair at 1.1423. Conversely, the yearly low was recorded on July 6, dropping to 0.9419.

This high-to-low spread represents a total annual volatility of 0.2004 MGA. From a start-to-finish perspective, comparing the January average rate of 1.1168 to the December average rate of 1.0795, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1423 was up 0.91% compared to the 2016 peak of 1.1320, 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 5,711,546 MGA
2016 Average 5,215,057 MGA
Yearly Trough Low 4,709,581 MGA
Transaction Impact: A difference of 1,001,965.50 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1310
0.9610
JanuMarcMayJulySeptNove

COP to MGA 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 1.0894, compared to 1.0290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0604 points.

H1 Avg (Jan–Jun) 1.0894
H2 Avg (Jul–Dec) 1.0290

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1077 MGA (High: 1.0996 / Low: 0.9919). On the other end, October was the most stable month, with a tight range of 0.0308 MGA (High: 1.0542 / Low: 1.0234).

June Spread (Volatile) ±0.1077
October Spread (Stable) ±0.0308

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0829 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.1125) against the same month in 2016 (average: 1.0629), the exchange rate shifted by +0.0496 (+4.66%).

2017 Avg (April) 1.1125
2016 Avg (April) 1.0629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1367 1.0871 1.1168
February 1.1128 1.0497 1.0955
March 1.1303 1.0315 1.0844
April 1.1423 1.0845 1.1125
May 1.0873 1.0513 1.0694
June 1.0996 0.9919 1.0581
July 1.0103 0.9419 0.9751
August 1.0164 0.9736 0.9982
September 1.0439 1.0000 1.0246
October 1.0542 1.0234 1.0412
November 1.0779 1.0318 1.0554
December 1.0955 1.0537 1.0795