2022 HNL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 HNL to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the HNL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 204.7563. Conversely, the yearly low was recorded on March 9, dropping to 151.6850.
This high-to-low spread represents a total annual volatility of 53.0713 COP. From a start-to-finish perspective, comparing the January average rate of 163.1748 to the December average rate of 193.9353, the exchange rate registered a net change of 18.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 204.7563 was up 21.48% compared to the 2021 peak of 168.5517, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
HNL 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 159.6956, compared to 186.0612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.3656 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 19.4568 COP (High: 188.6690 / Low: 169.2122). On the other end, February was the most stable month, with a tight range of 3.6529 COP (High: 161.3289 / Low: 157.6760).
Growth Streaks & Declines
TrendsBetween August and November, 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 February and March, when the average rate fell by 4.8375 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 198.5899) against the same month in 2021 (average: 161.5398), the exchange rate shifted by +37.0501 (+22.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 167.2544 | 160.0216 | 163.1748 |
| February | 161.3289 | 157.6760 | 160.1996 |
| March | 160.6530 | 151.6850 | 155.3621 |
| April | 162.8660 | 152.1033 | 155.1988 |
| May | 168.0261 | 154.1554 | 164.3074 |
| June | 169.0303 | 153.5707 | 159.9309 |
| July | 188.6690 | 169.2122 | 178.2909 |
| August | 179.6830 | 168.7817 | 175.5284 |
| September | 184.8379 | 176.4004 | 180.0900 |
| October | 199.4934 | 181.6128 | 189.9326 |
| November | 204.7563 | 191.8231 | 198.5899 |
| December | 196.4192 | 191.8230 | 193.9353 |