YEARLY HIGH
2.5051 COP
YEARLY LOW
1.9755 COP
YEARLY AVERAGE
2.2061 COP

2022 MMK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 2.5051. Conversely, the yearly low was recorded on August 16, dropping to 1.9755.

This high-to-low spread represents a total annual volatility of 0.5296 COP. From a start-to-finish perspective, comparing the January average rate of 2.2505 to the December average rate of 2.2801, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5051 was down 7.92% compared to the 2021 peak of 2.7206, 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 12,526 COP
2021 Average 11,709 COP
Yearly Trough Low 9,878 COP
Transaction Impact: A difference of 2,648.09 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.3960
2.0398
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 2.1618, compared to 2.2504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0887 points.

H1 Avg (Jan–Jun) 2.1618
H2 Avg (Jul–Dec) 2.2504

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.3687 COP (High: 2.3442 / Low: 1.9755). On the other end, February was the most stable month, with a tight range of 0.0461 COP (High: 2.2314 / Low: 2.1853).

August Spread (Volatile) ±0.3687
February Spread (Stable) ±0.0461

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.2096 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 2.3663) against the same month in 2021 (average: 2.3256), the exchange rate shifted by +0.0407 (+1.75%).

2022 Avg (July) 2.3663
2021 Avg (July) 2.3256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2991 2.2119 2.2505
February 2.2314 2.1853 2.2156
March 2.2235 2.1006 2.1409
April 2.1565 2.0100 2.0695
May 2.2202 2.0453 2.1732
June 2.2437 2.0373 2.1210
July 2.5051 2.2466 2.3663
August 2.3442 1.9755 2.1567
September 2.1693 2.0708 2.1141
October 2.3744 2.1347 2.2401
November 2.4162 2.2697 2.3454
December 2.3143 2.2545 2.2801