YEARLY HIGH
1.1430 MGA
YEARLY LOW
0.8936 MGA
YEARLY AVERAGE
1.0354 MGA

2020 COP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.1430. Conversely, the yearly low was recorded on March 24, dropping to 0.8936.

This high-to-low spread represents a total annual volatility of 0.2493 MGA. From a start-to-finish perspective, comparing the January average rate of 1.1121 to the December average rate of 1.1028, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1430 was down 2.76% compared to the 2019 peak of 1.1754, 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 5,714,799 MGA
2019 Average 5,542,163 MGA
Yearly Trough Low 4,468,164 MGA
Transaction Impact: A difference of 1,246,634.53 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1282
0.9350
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 1.0229, compared to 1.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 1.0229
H2 Avg (Jul–Dec) 1.0479

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1822 MGA (High: 1.0759 / Low: 0.8936). On the other end, August was the most stable month, with a tight range of 0.0317 MGA (High: 1.0296 / Low: 0.9980).

March Spread (Volatile) ±0.1822
August Spread (Stable) ±0.0317

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 0.1239 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.1121) against the same month in 2019 (average: 1.1252), the exchange rate shifted by -0.0131 (-1.16%).

2020 Avg (January) 1.1121
2019 Avg (January) 1.1252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1430 1.0599 1.1121
February 1.1058 1.0599 1.0874
March 1.0759 0.8936 0.9635
April 0.9798 0.9170 0.9511
May 1.0268 0.9552 0.9898
June 1.0668 1.0097 1.0331
July 1.0730 1.0159 1.0535
August 1.0296 0.9980 1.0151
September 1.0563 1.0012 1.0294
October 1.0425 1.0075 1.0221
November 1.0894 1.0166 1.0648
December 1.1315 1.0537 1.1028