2020 MXN to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MXN to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MXN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 184.9959. Conversely, the yearly low was recorded on May 2, dropping to 156.2445.
This high-to-low spread represents a total annual volatility of 28.7513 COP. From a start-to-finish perspective, comparing the January average rate of 176.0857 to the December average rate of 173.5764, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 184.9959 was up 2.54% compared to the 2019 peak of 180.4065, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MXN 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 170.8083, compared to 173.6206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8123 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 23.0065 COP (High: 184.5021 / Low: 161.4955). On the other end, October was the most stable month, with a tight range of 7.2966 COP (High: 182.4672 / Low: 175.1707).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 10.0502 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 180.7838) against the same month in 2019 (average: 162.4686), the exchange rate shifted by +18.3152 (+11.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 181.4977 | 171.2708 | 176.0857 |
| February | 184.9959 | 176.8054 | 180.7838 |
| March | 184.5021 | 161.4955 | 173.9737 |
| April | 169.6911 | 158.7772 | 163.9235 |
| May | 169.5232 | 156.2445 | 164.2331 |
| June | 170.8667 | 161.9066 | 165.8500 |
| July | 168.8962 | 158.5980 | 162.9456 |
| August | 175.9319 | 164.3802 | 170.6742 |
| September | 177.2003 | 168.0628 | 173.4599 |
| October | 182.4672 | 175.1707 | 180.4235 |
| November | 184.0244 | 176.6931 | 180.6443 |
| December | 178.0187 | 170.0025 | 173.5764 |