YEARLY HIGH
2.2768 COP
YEARLY LOW
2.0723 COP
YEARLY AVERAGE
2.1672 COP

2017 MMK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 2.2768. Conversely, the yearly low was recorded on February 10, dropping to 2.0723.

This high-to-low spread represents a total annual volatility of 0.2045 COP. From a start-to-finish perspective, comparing the January average rate of 2.1655 to the December average rate of 2.2005, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2768 was down 18.03% compared to the 2016 peak of 2.7775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,384 COP
2016 Average 12,366 COP
Yearly Trough Low 10,362 COP
Transaction Impact: A difference of 1,022.34 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2394
2.0900
JanuMarcMayJulySeptNove

MMK 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 2.1429, compared to 2.1916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0487 points.

H1 Avg (Jan–Jun) 2.1429
H2 Avg (Jul–Dec) 2.1916

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1178 COP (High: 2.2327 / Low: 2.1148). On the other end, August was the most stable month, with a tight range of 0.0521 COP (High: 2.2087 / Low: 2.1566).

June Spread (Volatile) ±0.1178
August Spread (Stable) ±0.0521

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0630 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 2.2269) against the same month in 2016 (average: 2.5158), the exchange rate shifted by -0.2889 (-11.48%).

2017 Avg (July) 2.2269
2016 Avg (July) 2.5158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2155 2.1290 2.1655
February 2.1406 2.0723 2.1025
March 2.2014 2.1012 2.1517
April 2.1591 2.0855 2.1161
May 2.2038 2.1080 2.1467
June 2.2327 2.1148 2.1749
July 2.2768 2.1858 2.2269
August 2.2087 2.1566 2.1842
September 2.1831 2.1051 2.1431
October 2.2437 2.1326 2.1715
November 2.2642 2.1802 2.2231
December 2.2308 2.1703 2.2005