2021 MXN to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MXN to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MXN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 199.1027. Conversely, the yearly low was recorded on March 8, dropping to 169.3231.
This high-to-low spread represents a total annual volatility of 29.7796 COP. From a start-to-finish perspective, comparing the January average rate of 174.8045 to the December average rate of 190.1089, the exchange rate registered a net change of 8.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 199.1027 was up 7.63% compared to the 2020 peak of 184.9959, 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 2021.
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 179.4710, compared to 189.6199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1489 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 13.4540 COP (High: 197.6852 / Low: 184.2313). On the other end, April was the most stable month, with a tight range of 6.7757 COP (High: 185.8478 / Low: 179.0721).
Growth Streaks & Declines
TrendsBetween March and May, 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 September and October, when the average rate fell by 6.2001 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2021: 193.4037) against the same month in 2020 (average: 170.6742), the exchange rate shifted by +22.7296 (+13.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 178.9933 | 170.4564 | 174.8045 |
| February | 178.5857 | 171.3658 | 175.0727 |
| March | 182.6047 | 169.3231 | 173.9445 |
| April | 185.8478 | 179.0721 | 181.6422 |
| May | 191.2068 | 184.0678 | 187.0846 |
| June | 190.7648 | 180.1549 | 184.2773 |
| July | 196.6071 | 187.2276 | 191.8205 |
| August | 199.1027 | 189.6298 | 193.4037 |
| September | 193.6397 | 185.8916 | 190.8481 |
| October | 187.3274 | 180.4590 | 184.6480 |
| November | 190.5372 | 179.8548 | 186.8901 |
| December | 197.6852 | 184.2313 | 190.1089 |