2020 GEL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |