2020 COP to NOK Historical Review

YEARLY HIGH

0.0029 NOK

YEARLY LOW

0.0023 NOK

YEARLY AVERAGE

0.0026 NOK

2020 COP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0029. Conversely, the yearly low was recorded on August 26, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0006 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0025, the exchange rate registered a net change of -6.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0029 was up 3.61% compared to the 2019 peak of 0.0028, 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 14,496 NOK

2019 Average 13,418 NOK

Yearly Trough Low 11,494 NOK

Transaction Impact: A difference of 3,001.39 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0028

0.0023

JanuMarcMayJulySeptNove

COP to NOK 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 0.0027, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0027

H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0004 NOK (High: 0.0029 / Low: 0.0025). On the other end, January was the most stable month, with a tight range of 0.0001 NOK (High: 0.0027 / Low: 0.0027).

March Spread (Volatile) ±0.0004

January Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0027) against the same month in 2019 (average: 0.0028), the exchange rate shifted by -0.0001 (-3.68%).

2020 Avg (March) 0.0027

2019 Avg (March) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0027	0.0027	0.0027
February	0.0028	0.0027	0.0027
March	0.0029	0.0025	0.0027
April	0.0027	0.0025	0.0026
May	0.0027	0.0026	0.0026
June	0.0026	0.0025	0.0026
July	0.0026	0.0024	0.0025
August	0.0025	0.0023	0.0024
September	0.0025	0.0023	0.0024
October	0.0025	0.0024	0.0024
November	0.0025	0.0024	0.0025
December	0.0026	0.0025	0.0025