2019 COP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 COP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the COP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1160. Conversely, the yearly low was recorded on December 3, dropping to 0.1018.
This high-to-low spread represents a total annual volatility of 0.0141 MRO. From a start-to-finish perspective, comparing the January average rate of 0.1129 to the December average rate of 0.1058, the exchange rate registered a net change of -6.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 0.1160 was down 11.78% compared to the 2018 peak of 0.1314, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000,000 COP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
COP to MRO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1121, compared to 0.1060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 0.0071 MRO (High: 0.1089 / Low: 0.1018). On the other end, February was the most stable month, with a tight range of 0.0023 MRO (High: 0.1158 / Low: 0.1135).
Growth Streaks & Declines
TrendsBetween 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 0.0064 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 0.1142) against the same month in 2018 (average: 0.1251), the exchange rate shifted by -0.0109 (-8.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1144 | 0.1088 | 0.1129 |
| February | 0.1158 | 0.1135 | 0.1146 |
| March | 0.1160 | 0.1124 | 0.1142 |
| April | 0.1151 | 0.1098 | 0.1130 |
| May | 0.1103 | 0.1056 | 0.1080 |
| June | 0.1126 | 0.1058 | 0.1097 |
| July | 0.1126 | 0.1074 | 0.1113 |
| August | 0.1093 | 0.1025 | 0.1049 |
| September | 0.1067 | 0.1030 | 0.1051 |
| October | 0.1061 | 0.1023 | 0.1039 |
| November | 0.1077 | 0.1018 | 0.1049 |
| December | 0.1089 | 0.1018 | 0.1058 |