2018 MRO to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MRO to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MRO to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 14.5517. Conversely, the yearly low was recorded on April 15, dropping to 7.6081.
This high-to-low spread represents a total annual volatility of 6.9436 COP. From a start-to-finish perspective, comparing the January average rate of 8.0838 to the December average rate of 9.0282, the exchange rate registered a net change of 11.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 14.5517 was up 68.56% compared to the 2017 peak of 8.6330, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MRO to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.0206, compared to 8.6474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6268 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 6.2183 COP (High: 14.5517 / Low: 8.3334). On the other end, July was the most stable month, with a tight range of 0.2253 COP (High: 8.2446 / Low: 8.0193).
Growth Streaks & Declines
TrendsBetween July and October, 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 March and April, when the average rate fell by 0.1839 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 9.0350) against the same month in 2017 (average: 8.1912), the exchange rate shifted by +0.8438 (+10.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.4839 | 7.9156 | 8.0838 |
| February | 8.1832 | 7.9253 | 8.0628 |
| March | 8.1666 | 7.8326 | 7.9941 |
| April | 7.9874 | 7.6081 | 7.8102 |
| May | 8.1679 | 7.9031 | 8.0536 |
| June | 8.2897 | 7.9253 | 8.1194 |
| July | 8.2446 | 8.0193 | 8.0867 |
| August | 8.5266 | 8.1228 | 8.2996 |
| September | 8.6923 | 8.3230 | 8.4989 |
| October | 14.5517 | 8.3334 | 9.0350 |
| November | 9.1175 | 8.7981 | 8.9363 |
| December | 9.2566 | 8.8253 | 9.0282 |