2020 GMD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GMD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GMD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 82.5816. Conversely, the yearly low was recorded on January 9, dropping to 63.2949.
This high-to-low spread represents a total annual volatility of 19.2867 COP. From a start-to-finish perspective, comparing the January average rate of 64.6911 to the December average rate of 66.9011, the exchange rate registered a net change of 3.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 82.5816 was up 19.17% compared to the 2019 peak of 69.2997, 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 2020.
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 72.0378, compared to 71.3454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6925 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 15.0814 COP (High: 82.5816 / Low: 67.5001). On the other end, October was the most stable month, with a tight range of 1.9409 COP (High: 74.8019 / Low: 72.8610).
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 November and December, when the average rate fell by 4.2720 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 76.1732) against the same month in 2019 (average: 63.0082), the exchange rate shifted by +13.1651 (+20.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 66.9290 | 63.2949 | 64.6911 |
| February | 68.4086 | 65.9125 | 66.7592 |
| March | 82.5816 | 67.5001 | 76.1732 |
| April | 80.7393 | 75.0490 | 77.8274 |
| May | 77.9755 | 71.9186 | 74.9756 |
| June | 73.5135 | 69.1101 | 71.8005 |
| July | 72.5287 | 69.5712 | 70.5167 |
| August | 74.4997 | 71.8540 | 72.9603 |
| September | 75.0262 | 70.3501 | 72.4681 |
| October | 74.8019 | 72.8610 | 74.0530 |
| November | 74.8129 | 69.6254 | 71.1730 |
| December | 68.9092 | 65.6916 | 66.9011 |