YEARLY HIGH
2.3342 COP
YEARLY LOW
1.9981 COP
YEARLY AVERAGE
2.1556 COP

2019 MMK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.3342. Conversely, the yearly low was recorded on March 20, dropping to 1.9981.

This high-to-low spread represents a total annual volatility of 0.3361 COP. From a start-to-finish perspective, comparing the January average rate of 2.0640 to the December average rate of 2.2520, the exchange rate registered a net change of 9.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3342 was up 4.69% compared to the 2018 peak of 2.2295, 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 11,671 COP
2018 Average 10,272 COP
Yearly Trough Low 9,990 COP
Transaction Impact: A difference of 1,680.66 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2734
2.0160
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 2.0885, compared to 2.2226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1341 points.

H1 Avg (Jan–Jun) 2.0885
H2 Avg (Jul–Dec) 2.2226

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.1458 COP (High: 2.3301 / Low: 2.1843). On the other end, February was the most stable month, with a tight range of 0.0492 COP (High: 2.0558 / Low: 2.0066).

November Spread (Volatile) ±0.1458
February Spread (Stable) ±0.0492

Growth Streaks & Declines

Trends

Between February and May, 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 0.0266 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.2520) against the same month in 2018 (average: 2.0578), the exchange rate shifted by +0.1942 (+9.44%).

2019 Avg (December) 2.2520
2018 Avg (December) 2.0578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1233 2.0235 2.0640
February 2.0558 2.0066 2.0374
March 2.0994 1.9981 2.0526
April 2.1367 2.0435 2.0827
May 2.2028 2.1235 2.1582
June 2.2101 2.0857 2.1364
July 2.2036 2.0900 2.1215
August 2.2893 2.1596 2.2468
September 2.2701 2.1839 2.2229
October 2.2815 2.2002 2.2450
November 2.3301 2.1843 2.2474
December 2.3342 2.2069 2.2520