YEARLY HIGH
1.0749 COP
YEARLY LOW
0.8834 COP
YEARLY AVERAGE
0.9612 COP

2016 MGA to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 1.0749. Conversely, the yearly low was recorded on December 29, dropping to 0.8834.

This high-to-low spread represents a total annual volatility of 0.1915 COP. From a start-to-finish perspective, comparing the January average rate of 1.0215 to the December average rate of 0.9031, the exchange rate registered a net change of -11.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0749 was up 2.55% compared to the 2015 peak of 1.0482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,375 COP
2015 Average 4,422 COP
Yearly Trough Low 4,417 COP
Transaction Impact: A difference of 957.66 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0684
0.8881
JanuMarcMayJulySeptNove

MGA 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 0.9746, compared to 0.9477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0269 points.

H1 Avg (Jan–Jun) 0.9746
H2 Avg (Jul–Dec) 0.9477

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.1383 COP (High: 1.0477 / Low: 0.9094). On the other end, November was the most stable month, with a tight range of 0.0392 COP (High: 0.9721 / Low: 0.9328).

July Spread (Volatile) ±0.1383
November Spread (Stable) ±0.0392

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.0786 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0786

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1.0534) against the same month in 2015 (average: 0.8571), the exchange rate shifted by +0.1963 (+22.90%).

2016 Avg (February) 1.0534
2015 Avg (February) 0.8571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0495 0.9858 1.0215
February 1.0749 1.0320 1.0534
March 1.0161 0.9363 0.9748
April 0.9738 0.8998 0.9413
May 0.9546 0.8975 0.9421
June 0.9503 0.8921 0.9147
July 1.0477 0.9094 0.9645
August 1.0441 0.9413 0.9790
September 0.9797 0.9276 0.9577
October 0.9469 0.9074 0.9224
November 0.9721 0.9328 0.9596
December 0.9312 0.8834 0.9031