2020 EGP to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EGP to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EGP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 266.7718. Conversely, the yearly low was recorded on January 5, dropping to 202.4064.
This high-to-low spread represents a total annual volatility of 64.3653 COP. From a start-to-finish perspective, comparing the January average rate of 208.2813 to the December average rate of 220.6997, the exchange rate registered a net change of 5.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 266.7718 was up 22.66% compared to the 2019 peak of 217.4885, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EGP to COP 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 233.0024, compared to 233.8463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8438 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 46.7962 COP (High: 266.7718 / Low: 219.9755). On the other end, October was the most stable month, with a tight range of 6.3674 COP (High: 246.4359 / Low: 240.0685).
Growth Streaks & Declines
TrendsBetween January and April, 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 May and June, when the average rate fell by 15.1417 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 247.2515) against the same month in 2019 (average: 179.9454), the exchange rate shifted by +67.3061 (+37.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 216.4600 | 202.4064 | 208.2813 |
| February | 223.3604 | 213.4801 | 217.2366 |
| March | 266.7718 | 219.9755 | 247.2515 |
| April | 261.2563 | 242.6132 | 251.7484 |
| May | 253.2469 | 234.2484 | 244.3193 |
| June | 234.6181 | 219.4947 | 229.1776 |
| July | 234.1097 | 225.2457 | 227.9928 |
| August | 243.1884 | 233.0819 | 237.2337 |
| September | 246.3067 | 230.8110 | 237.7673 |
| October | 246.4359 | 240.0685 | 243.9871 |
| November | 246.4381 | 230.5231 | 235.3971 |
| December | 227.7115 | 217.0053 | 220.6997 |