YEARLY HIGH
0.0023 TRY
YEARLY LOW
0.0015 TRY
YEARLY AVERAGE
0.0019 TRY

2020 COP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the COP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.0023. Conversely, the yearly low was recorded on March 24, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0008 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0022, the exchange rate registered a net change of 24.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0023 was up 21.65% compared to the 2019 peak of 0.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,499 TRY
2019 Average 8,668 TRY
Yearly Trough Low 7,675 TRY
Transaction Impact: A difference of 3,824.19 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0023
0.0016
JanuMarcMayJulySeptNove

COP to TRY 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 0.0018, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0003 TRY (High: 0.0018 / Low: 0.0015). On the other end, February was the most stable month, with a tight range of 0.0001 TRY (High: 0.0018 / Low: 0.0017).

March Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0022) against the same month in 2019 (average: 0.0017), the exchange rate shifted by +0.0005 (+28.17%).

2020 Avg (December) 0.0022
2019 Avg (December) 0.0017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0017 0.0018
February 0.0018 0.0017 0.0018
March 0.0018 0.0015 0.0016
April 0.0018 0.0016 0.0017
May 0.0018 0.0017 0.0018
June 0.0019 0.0018 0.0018
July 0.0019 0.0018 0.0019
August 0.0020 0.0018 0.0019
September 0.0021 0.0020 0.0020
October 0.0022 0.0020 0.0021
November 0.0023 0.0021 0.0022
December 0.0023 0.0021 0.0022