2017 GMD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GMD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GMD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 70.3712. Conversely, the yearly low was recorded on October 19, dropping to 61.5174.
This high-to-low spread represents a total annual volatility of 8.8538 COP. From a start-to-finish perspective, comparing the January average rate of 67.4922 to the December average rate of 62.8923, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 70.3712 was down 18.57% compared to the 2016 peak of 86.4154, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GMD 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 64.9867, compared to 63.8725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1142 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 4.3628 COP (High: 70.3712 / Low: 66.0084). On the other end, December was the most stable month, with a tight range of 1.3829 COP (High: 63.5755 / Low: 62.1926).
Growth Streaks & Declines
TrendsBetween May and July, 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 January and February, when the average rate fell by 2.3410 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 67.4922) against the same month in 2016 (average: 83.0367), the exchange rate shifted by -15.5446 (-18.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.3712 | 66.0084 | 67.4922 |
| February | 67.0266 | 63.9704 | 65.1512 |
| March | 67.1529 | 63.5120 | 65.7265 |
| April | 65.2420 | 62.4783 | 63.6521 |
| May | 64.7666 | 62.4486 | 63.4730 |
| June | 66.1344 | 62.7052 | 64.4253 |
| July | 67.2313 | 64.8721 | 65.9173 |
| August | 66.0849 | 63.4328 | 64.7009 |
| September | 64.8017 | 62.8651 | 63.3483 |
| October | 64.1808 | 61.5174 | 62.8203 |
| November | 64.8473 | 62.7381 | 63.5560 |
| December | 63.5755 | 62.1926 | 62.8923 |