YEARLY HIGH
3.0087 COP
YEARLY LOW
2.2037 COP
YEARLY AVERAGE
2.6878 COP

2020 MMK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 3.0087. Conversely, the yearly low was recorded on January 13, dropping to 2.2037.

This high-to-low spread represents a total annual volatility of 0.8050 COP. From a start-to-finish perspective, comparing the January average rate of 2.2547 to the December average rate of 2.5904, the exchange rate registered a net change of 14.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.0087 was up 28.90% compared to the 2019 peak of 2.3342, 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 15,043 COP
2019 Average 10,782 COP
Yearly Trough Low 11,019 COP
Transaction Impact: A difference of 4,024.85 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.0374
2.1835
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 2.5948, compared to 2.7808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1859 points.

H1 Avg (Jan–Jun) 2.5948
H2 Avg (Jul–Dec) 2.7808

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.5742 COP (High: 2.9856 / Low: 2.4114). On the other end, October was the most stable month, with a tight range of 0.0829 COP (High: 3.0008 / Low: 2.9179).

March Spread (Volatile) ±0.5742
October Spread (Stable) ±0.0829

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2456 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2.8360) against the same month in 2019 (average: 2.2474), the exchange rate shifted by +0.5886 (+26.19%).

2020 Avg (November) 2.8360
2019 Avg (November) 2.2474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3380 2.2037 2.2547
February 2.4305 2.3177 2.3490
March 2.9856 2.4114 2.7695
April 2.9229 2.7019 2.7942
May 2.8644 2.6420 2.7442
June 2.7297 2.5361 2.6573
July 2.7474 2.6075 2.6671
August 2.8642 2.7222 2.7857
September 2.9684 2.7350 2.8392
October 3.0008 2.9179 2.9663
November 3.0087 2.7401 2.8360
December 2.6988 2.4783 2.5904