YEARLY HIGH
0.0049 ZAR
YEARLY LOW
0.0040 ZAR
YEARLY AVERAGE
0.0045 ZAR

2020 COP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0049. Conversely, the yearly low was recorded on March 14, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0009 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0043, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0049 was up 4.06% compared to the 2019 peak of 0.0047, 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 24,470 ZAR
2019 Average 22,034 ZAR
Yearly Trough Low 19,983 ZAR
Transaction Impact: A difference of 4,486.58 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0048
0.0042
JanuMarcMayJulySeptNove

COP to ZAR 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 0.0045, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0045
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 ZAR (High: 0.0046 / Low: 0.0040). On the other end, October was the most stable month, with a tight range of 0.0001 ZAR (High: 0.0044 / Low: 0.0042).

March Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, 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 (May 2020: 0.0047) against the same month in 2019 (average: 0.0044), the exchange rate shifted by +0.0004 (+8.16%).

2020 Avg (May) 0.0047
2019 Avg (May) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0043 0.0044
February 0.0045 0.0043 0.0044
March 0.0046 0.0040 0.0043
April 0.0048 0.0045 0.0047
May 0.0049 0.0046 0.0047
June 0.0047 0.0045 0.0046
July 0.0047 0.0045 0.0046
August 0.0047 0.0043 0.0046
September 0.0046 0.0043 0.0045
October 0.0044 0.0042 0.0043
November 0.0043 0.0041 0.0042
December 0.0044 0.0042 0.0043