YEARLY HIGH
1.1754 MGA
YEARLY LOW
0.7189 MGA
YEARLY AVERAGE
1.1087 MGA

2019 COP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the COP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 1.1754. Conversely, the yearly low was recorded on December 16, dropping to 0.7189.

This high-to-low spread represents a total annual volatility of 0.4565 MGA. From a start-to-finish perspective, comparing the January average rate of 1.1252 to the December average rate of 1.0681, the exchange rate registered a net change of -5.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1754 was down 2.56% compared to the 2018 peak of 1.2064, 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 5,877,175 MGA
2018 Average 5,654,700 MGA
Yearly Trough Low 3,594,631 MGA
Transaction Impact: A difference of 2,282,544.29 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1514
1.0605
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 1.1268, compared to 1.0906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0362 points.

H1 Avg (Jan–Jun) 1.1268
H2 Avg (Jul–Dec) 1.0906

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.4058 MGA (High: 1.1248 / Low: 0.7189). On the other end, March was the most stable month, with a tight range of 0.0372 MGA (High: 1.1505 / Low: 1.1134).

December Spread (Volatile) ±0.4058
March Spread (Stable) ±0.0372

Growth Streaks & Declines

Trends

Between May and July, 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 0.0506 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 1.1439) against the same month in 2018 (average: 1.1586), the exchange rate shifted by -0.0147 (-1.27%).

2019 Avg (April) 1.1439
2018 Avg (April) 1.1586

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1675 1.0637 1.1252
February 1.1572 1.1134 1.1349
March 1.1505 1.1134 1.1330
April 1.1754 1.1203 1.1439
May 1.1263 1.0821 1.1028
June 1.1501 1.0869 1.1208
July 1.1505 1.1030 1.1340
August 1.1224 1.0603 1.0834
September 1.1185 1.0757 1.1011
October 1.0949 1.0549 1.0729
November 1.1216 1.0292 1.0842
December 1.1248 0.7189 1.0681