2016 NZD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NZD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NZD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 2290.3453. Conversely, the yearly low was recorded on May 1, dropping to 1993.1599.
This high-to-low spread represents a total annual volatility of 297.1854 COP. From a start-to-finish perspective, comparing the January average rate of 2146.4692 to the December average rate of 2115.7738, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 2290.3453 was up 1.28% compared to the 2015 peak of 2261.5038, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NZD 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 2114.0136, compared to 2136.9327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.9191 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 177.7378 COP (High: 2216.3798 / Low: 2038.6419). On the other end, June was the most stable month, with a tight range of 58.7548 COP (High: 2128.7834 / Low: 2070.0286).
Growth Streaks & Declines
TrendsBetween May and August, 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 February and March, when the average rate fell by 118.2728 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 2226.7887) against the same month in 2015 (average: 1803.9804), the exchange rate shifted by +422.8083 (+23.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2178.4878 | 2108.1318 | 2146.4692 |
| February | 2290.3453 | 2165.7103 | 2226.7887 |
| March | 2165.4085 | 2045.0780 | 2108.5159 |
| April | 2107.3570 | 2000.2701 | 2064.2098 |
| May | 2088.5013 | 1993.1599 | 2035.2117 |
| June | 2128.7834 | 2070.0286 | 2102.8866 |
| July | 2216.3798 | 2038.6419 | 2117.1735 |
| August | 2233.0429 | 2077.7975 | 2134.9227 |
| September | 2164.8546 | 2095.8659 | 2133.2288 |
| October | 2138.3792 | 2049.9461 | 2098.6616 |
| November | 2256.4081 | 2175.6209 | 2221.8361 |
| December | 2203.1746 | 2054.7380 | 2115.7738 |