YEARLY HIGH
1.1190 COP
YEARLY LOW
0.8749 COP
YEARLY AVERAGE
0.9686 COP

2020 MGA to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 1.1190. Conversely, the yearly low was recorded on January 11, dropping to 0.8749.

This high-to-low spread represents a total annual volatility of 0.2441 COP. From a start-to-finish perspective, comparing the January average rate of 0.8996 to the December average rate of 0.9071, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1190 was down 19.55% compared to the 2019 peak of 1.3910, 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 5,595 COP
2019 Average 4,516 COP
Yearly Trough Low 4,375 COP
Transaction Impact: A difference of 1,220.53 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0669
0.8844
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 0.9819, compared to 0.9552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 0.9819
H2 Avg (Jul–Dec) 0.9552

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1896 COP (High: 1.1190 / Low: 0.9295). On the other end, August was the most stable month, with a tight range of 0.0308 COP (High: 1.0020 / Low: 0.9712).

March Spread (Volatile) ±0.1896
August Spread (Stable) ±0.0308

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 May and June, when the average rate fell by 0.0426 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.0418) against the same month in 2019 (average: 0.8827), the exchange rate shifted by +0.1590 (+18.02%).

2020 Avg (March) 1.0418
2019 Avg (March) 0.8827

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9435 0.8749 0.8996
February 0.9435 0.9043 0.9197
March 1.1190 0.9295 1.0418
April 1.0905 1.0207 1.0517
May 1.0469 0.9739 1.0107
June 0.9904 0.9374 0.9682
July 0.9844 0.9319 0.9494
August 1.0020 0.9712 0.9852
September 0.9988 0.9467 0.9717
October 0.9926 0.9593 0.9785
November 0.9837 0.9179 0.9396
December 0.9490 0.8838 0.9071