2019 MRO to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MRO to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MRO to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 9.8222. Conversely, the yearly low was recorded on March 20, dropping to 8.6239.
This high-to-low spread represents a total annual volatility of 1.1983 COP. From a start-to-finish perspective, comparing the January average rate of 8.8622 to the December average rate of 9.4602, the exchange rate registered a net change of 6.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 9.8222 was down 32.50% compared to the 2018 peak of 14.5517, 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 2019.
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 8.9289, compared to 9.4439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5150 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 0.6365 COP (High: 9.8222 / Low: 9.1857). On the other end, February was the most stable month, with a tight range of 0.1758 COP (High: 8.8089 / Low: 8.6331).
Growth Streaks & Declines
TrendsBetween February and May, 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 May and June, when the average rate fell by 0.1376 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 9.4602) against the same month in 2018 (average: 9.0282), the exchange rate shifted by +0.4320 (+4.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.1903 | 8.7386 | 8.8622 |
| February | 8.8089 | 8.6331 | 8.7279 |
| March | 8.9003 | 8.6239 | 8.7575 |
| April | 9.1068 | 8.6878 | 8.8491 |
| May | 9.4737 | 9.0670 | 9.2570 |
| June | 9.4550 | 8.8784 | 9.1194 |
| July | 9.3109 | 8.8801 | 8.9840 |
| August | 9.7528 | 9.1515 | 9.5370 |
| September | 9.7108 | 9.3720 | 9.5197 |
| October | 9.7749 | 9.4242 | 9.6242 |
| November | 9.8198 | 9.2846 | 9.5382 |
| December | 9.8222 | 9.1857 | 9.4602 |