YEARLY HIGH
2.7206 COP
YEARLY LOW
1.9215 COP
YEARLY AVERAGE
2.3427 COP

2021 MMK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 2.7206. Conversely, the yearly low was recorded on October 11, dropping to 1.9215.

This high-to-low spread represents a total annual volatility of 0.7991 COP. From a start-to-finish perspective, comparing the January average rate of 2.6234 to the December average rate of 2.2305, the exchange rate registered a net change of -14.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7206 was down 9.58% compared to the 2020 peak of 3.0087, 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 13,603 COP
2020 Average 13,443 COP
Yearly Trough Low 9,607 COP
Transaction Impact: A difference of 3,995.55 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6856
1.9393
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: JanтАУJun) was 2.4739, compared to 2.2114 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2625 points.

H1 Avg (JanтАУJun) 2.4739
H2 Avg (JulтАУDec) 2.2114

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.2886 COP (High: 2.3378 / Low: 2.0492). On the other end, December was the most stable month, with a tight range of 0.0957 COP (High: 2.2784 / Low: 2.1828).

September Spread (Volatile) ┬▒0.2886
December Spread (Stable) ┬▒0.0957

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.1943 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.6234) against the same month in 2020 (average: 2.2547), the exchange rate shifted by +0.3688 (+16.36%).

2021 Avg (January) 2.6234
2020 Avg (January) 2.2547

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Month High Low Average
January 2.7206 2.5689 2.6234
February 2.6921 2.4786 2.5375
March 2.6472 2.5064 2.5623
April 2.5991 2.3296 2.5356
May 2.4674 2.2297 2.3413
June 2.3023 2.1798 2.2434
July 2.3804 2.2762 2.3256
August 2.4293 2.3253 2.3596
September 2.3378 2.0492 2.1689
October 2.1227 1.9215 2.0015
November 2.2532 2.0768 2.1825
December 2.2784 2.1828 2.2305