YEARLY HIGH
0.1161 NGN
YEARLY LOW
0.0993 NGN
YEARLY AVERAGE
0.1078 NGN

2021 COP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the COP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.1161. Conversely, the yearly low was recorded on May 5, dropping to 0.0993.

This high-to-low spread represents a total annual volatility of 0.0168 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1111 to the December average rate of 0.1036, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1161 was up 1.85% compared to the 2020 peak of 0.1140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 580,368 NGN
2020 Average 516,517 NGN
Yearly Trough Low 496,484 NGN
Transaction Impact: A difference of 83,884.06 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1122
0.1028
JanuMarcMayJulySeptNove

COP to NGN 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: JanтАУJun) was 0.1092, compared to 0.1065 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0027 points.

H1 Avg (JanтАУJun) 0.1092
H2 Avg (JulтАУDec) 0.1065

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0130 NGN (High: 0.1156 / Low: 0.1026). On the other end, September was the most stable month, with a tight range of 0.0029 NGN (High: 0.1097 / Low: 0.1068).

March Spread (Volatile) ┬▒0.0130
September Spread (Stable) ┬▒0.0029

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1097) against the same month in 2020 (average: 0.1069), the exchange rate shifted by +0.0028 (+2.65%).

2021 Avg (February) 0.1097
2020 Avg (February) 0.1069

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.1146 0.1070 0.1111
February 0.1161 0.1052 0.1097
March 0.1156 0.1026 0.1075
April 0.1136 0.1019 0.1072
May 0.1123 0.0993 0.1082
June 0.1147 0.1083 0.1114
July 0.1098 0.1050 0.1075
August 0.1076 0.1029 0.1060
September 0.1097 0.1068 0.1077
October 0.1107 0.1077 0.1088
November 0.1099 0.1014 0.1053
December 0.1058 0.1014 0.1036