YEARLY HIGH
0.1173 NGN
YEARLY LOW
0.0892 NGN
YEARLY AVERAGE
0.1099 NGN

2019 COP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the COP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 0.1173. Conversely, the yearly low was recorded on August 27, dropping to 0.0892.

This high-to-low spread represents a total annual volatility of 0.0281 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1149 to the December average rate of 0.1074, the exchange rate registered a net change of -6.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1173 was down 11.88% compared to the 2018 peak of 0.1331, 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 586,481 NGN
2018 Average 612,158 NGN
Yearly Trough Low 445,911 NGN
Transaction Impact: A difference of 140,569.27 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1171
0.1042
JanuMarcMayJulySeptNove

COP to NGN 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 0.1127, compared to 0.1072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.1127
H2 Avg (Jul–Dec) 0.1072

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0227 NGN (High: 0.1136 / Low: 0.0909). On the other end, February was the most stable month, with a tight range of 0.0024 NGN (High: 0.1173 / Low: 0.1149).

June Spread (Volatile) ±0.0227
February Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between October and December, 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 0.0069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.1152) against the same month in 2018 (average: 0.1267), the exchange rate shifted by -0.0115 (-9.07%).

2019 Avg (March) 0.1152
2018 Avg (March) 0.1267

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1170 0.1111 0.1149
February 0.1173 0.1149 0.1160
March 0.1173 0.1133 0.1152
April 0.1162 0.1106 0.1140
May 0.1116 0.1064 0.1090
June 0.1136 0.0909 0.1069
July 0.1139 0.1086 0.1124
August 0.1102 0.0892 0.1055
September 0.1084 0.1045 0.1064
October 0.1076 0.1037 0.1053
November 0.1092 0.1033 0.1064
December 0.1108 0.1033 0.1074