YEARLY HIGH
1.2064 MGA
YEARLY LOW
1.0582 MGA
YEARLY AVERAGE
1.1309 MGA

2018 COP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the COP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 1.2064. Conversely, the yearly low was recorded on December 28, dropping to 1.0582.

This high-to-low spread represents a total annual volatility of 0.1481 MGA. From a start-to-finish perspective, comparing the January average rate of 1.1307 to the December average rate of 1.1021, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2064 was up 5.61% compared to the 2017 peak of 1.1423, 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 6,031,889 MGA
2017 Average 5,294,447 MGA
Yearly Trough Low 5,291,187 MGA
Transaction Impact: A difference of 740,702.53 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1703
1.0959
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 1.1342, compared to 1.1275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 1.1342
H2 Avg (Jul–Dec) 1.1275

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0879 MGA (High: 1.1461 / Low: 1.0582). On the other end, May was the most stable month, with a tight range of 0.0389 MGA (High: 1.1561 / Low: 1.1172).

December Spread (Volatile) ±0.0879
May Spread (Stable) ±0.0389

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0434 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 1.1641) against the same month in 2017 (average: 1.0581), the exchange rate shifted by +0.1060 (+10.02%).

2018 Avg (June) 1.1641
2017 Avg (June) 1.0581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1587 1.0798 1.1307
February 1.1464 1.0779 1.1061
March 1.1511 1.0696 1.1083
April 1.1850 1.1375 1.1586
May 1.1561 1.1172 1.1375
June 1.2064 1.1310 1.1641
July 1.1846 1.1388 1.1612
August 1.1393 1.0908 1.1178
September 1.1525 1.0905 1.1210
October 1.1598 1.0991 1.1352
November 1.1527 1.0957 1.1278
December 1.1461 1.0582 1.1021