2020 MYR to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MYR to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MYR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 950.0840. Conversely, the yearly low was recorded on January 5, dropping to 791.0842.
This high-to-low spread represents a total annual volatility of 158.9999 COP. From a start-to-finish perspective, comparing the January average rate of 811.8849 to the December average rate of 853.6172, the exchange rate registered a net change of 5.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 950.0840 was up 13.13% compared to the 2019 peak of 839.7854, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MYR 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 866.6535, compared to 889.2494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.5959 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 133.0268 COP (High: 950.0840 / Low: 817.0572). On the other end, October was the most stable month, with a tight range of 19.6448 COP (High: 929.6816 / Low: 910.0368).
Growth Streaks & Declines
TrendsBetween January and April, 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 November and December, when the average rate fell by 42.6859 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 902.1937) against the same month in 2019 (average: 766.4576), the exchange rate shifted by +135.7362 (+17.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 834.9576 | 791.0842 | 811.8849 |
| February | 835.0734 | 798.1744 | 819.1927 |
| March | 950.0840 | 817.0572 | 902.1937 |
| April | 944.1197 | 886.7470 | 912.4488 |
| May | 926.4627 | 852.6930 | 887.3993 |
| June | 887.3949 | 834.3317 | 866.8013 |
| July | 882.6830 | 844.7526 | 855.6702 |
| August | 926.4395 | 880.9557 | 902.6677 |
| September | 934.4421 | 879.8211 | 904.0729 |
| October | 929.6816 | 910.0368 | 923.1653 |
| November | 932.1781 | 878.5780 | 896.3032 |
| December | 875.1049 | 840.9292 | 853.6172 |