2020 NZD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NZD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NZD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 2591.2055. Conversely, the yearly low was recorded on February 24, dropping to 2139.0415.
This high-to-low spread represents a total annual volatility of 452.1640 COP. From a start-to-finish perspective, comparing the January average rate of 2188.9240 to the December average rate of 2457.1834, the exchange rate registered a net change of 12.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 2591.2055 was up 13.06% compared to the 2019 peak of 2291.7895, 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 2020.
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 2303.7580, compared to 2489.0921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 185.3341 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 288.4538 COP (High: 2446.9740 / Low: 2158.5202). On the other end, October was the most stable month, with a tight range of 53.7789 COP (High: 2570.1496 / Low: 2516.3707).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 73.9486 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 2531.1320) against the same month in 2019 (average: 2177.9646), the exchange rate shifted by +353.1674 (+16.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2223.4343 | 2141.1563 | 2188.9240 |
| February | 2212.2107 | 2139.0415 | 2177.1634 |
| March | 2446.9740 | 2158.5202 | 2340.2339 |
| April | 2478.3099 | 2309.0098 | 2384.8182 |
| May | 2412.6711 | 2295.8620 | 2343.3014 |
| June | 2451.4061 | 2303.8738 | 2388.1073 |
| July | 2481.6465 | 2356.0935 | 2404.1386 |
| August | 2570.3045 | 2451.0330 | 2497.0512 |
| September | 2571.0619 | 2441.0635 | 2500.7426 |
| October | 2570.1496 | 2516.3707 | 2544.3049 |
| November | 2591.2055 | 2487.7567 | 2531.1320 |
| December | 2520.9821 | 2412.2756 | 2457.1834 |