YEARLY HIGH
0.0998 COP
YEARLY LOW
0.0550 COP
YEARLY AVERAGE
0.0875 COP

2020 IRR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IRR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.0998. Conversely, the yearly low was recorded on July 7, dropping to 0.0550.

This high-to-low spread represents a total annual volatility of 0.0448 COP. From a start-to-finish perspective, comparing the January average rate of 0.0786 to the December average rate of 0.0822, the exchange rate registered a net change of 4.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0998 was up 19.83% compared to the 2019 peak of 0.0833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 499 COP
2019 Average 389 COP
Yearly Trough Low 275 COP
Transaction Impact: A difference of 224.19 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0958
0.0771
JanuMarcMayJulySeptNove

IRR to COP 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 0.0875, compared to 0.0876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0875
H2 Avg (Jul–Dec) 0.0876

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0339 COP (High: 0.0889 / Low: 0.0550). On the other end, October was the most stable month, with a tight range of 0.0024 COP (High: 0.0919 / Low: 0.0896).

July Spread (Volatile) ±0.0339
October Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between 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 0.0053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0921) against the same month in 2019 (average: 0.0741), the exchange rate shifted by +0.0180 (+24.22%).

2020 Avg (March) 0.0921
2019 Avg (March) 0.0741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0812 0.0770 0.0786
February 0.0829 0.0800 0.0809
March 0.0998 0.0818 0.0921
April 0.0977 0.0909 0.0943
May 0.0947 0.0880 0.0914
June 0.0901 0.0846 0.0880
July 0.0889 0.0550 0.0857
August 0.0917 0.0884 0.0898
September 0.0922 0.0867 0.0891
October 0.0919 0.0896 0.0910
November 0.0920 0.0856 0.0875
December 0.0847 0.0807 0.0822