YEARLY HIGH
1447.8543 COP
YEARLY LOW
1034.4867 COP
YEARLY AVERAGE
1186.8375 COP

2020 GEL to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 1447.8543. Conversely, the yearly low was recorded on December 17, dropping to 1034.4867.

This high-to-low spread represents a total annual volatility of 413.3676 COP. From a start-to-finish perspective, comparing the January average rate of 1150.4805 to the December average rate of 1051.1601, the exchange rate registered a net change of -8.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1447.8543 was up 17.96% compared to the 2019 peak of 1227.4286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 7,239,271 COP
2019 Average 5,826,003 COP
Yearly Trough Low 5,172,433 COP
Transaction Impact: A difference of 2,066,838.10 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1313.5762
1027.3041
JanuMarcMayJulySeptNove

GEL to COP 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 1216.7364, compared to 1156.9386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 59.7978 points.

H1 Avg (Jan–Jun) 1216.7364
H2 Avg (Jul–Dec) 1156.9386

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 272.2865 COP (High: 1447.8543 / Low: 1175.5678). On the other end, October was the most stable month, with a tight range of 38.3386 COP (High: 1205.9190 / Low: 1167.5804).

March Spread (Volatile) ±272.2865
October Spread (Stable) ±38.3386

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 77.9002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -77.9002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1289.7202) against the same month in 2019 (average: 1165.7950), the exchange rate shifted by +123.9252 (+10.63%).

2020 Avg (March) 1289.7202
2019 Avg (March) 1165.7950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1183.4152 1121.3488 1150.4805
February 1251.3383 1176.0441 1198.4328
March 1447.8543 1175.5678 1289.7202
April 1278.7078 1201.7268 1247.0287
May 1245.6583 1161.4762 1201.9759
June 1242.4983 1136.4202 1212.7806
July 1217.0671 1174.3261 1187.7081
August 1248.9218 1206.4952 1223.0150
September 1217.5428 1145.8240 1180.6867
October 1205.9190 1167.5804 1188.4810
November 1194.9287 1086.0861 1110.5809
December 1074.1122 1034.4867 1051.1601