YEARLY HIGH
12.3436 IRR
YEARLY LOW
10.4331 IRR
YEARLY AVERAGE
11.2807 IRR

2021 COP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the COP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 12.3436. Conversely, the yearly low was recorded on December 31, dropping to 10.4331.

This high-to-low spread represents a total annual volatility of 1.9105 IRR. From a start-to-finish perspective, comparing the January average rate of 12.0656 to the December average rate of 10.6435, the exchange rate registered a net change of -11.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.3436 was down 32.17% compared to the 2020 peak of 18.1972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000,000 COP based on timing:

Yearly Peak High 61,718,162 IRR
2020 Average 57,332,444 IRR
Yearly Trough Low 52,165,427 IRR
Transaction Impact: A difference of 9,552,735.28 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.2078
10.5013
JanuMarcMayJulySeptNove

COP to IRR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.6339, compared to 10.9275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7065 points.

H1 Avg (Jan–Jun) 11.6339
H2 Avg (Jul–Dec) 10.9275

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.8018 IRR (High: 11.2629 / Low: 10.4612). On the other end, September was the most stable month, with a tight range of 0.2856 IRR (High: 11.2413 / Low: 10.9556).

November Spread (Volatile) ±0.8018
September Spread (Stable) ±0.2856

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.3937 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 12.0656) against the same month in 2020 (average: 12.7209), the exchange rate shifted by -0.6553 (-5.15%).

2021 Avg (January) 12.0656
2020 Avg (January) 12.7209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.3436 11.6386 12.0656
February 12.0420 11.6287 11.8463
March 11.9174 11.2831 11.6600
April 11.6881 11.2771 11.5559
May 11.4696 10.9555 11.2698
June 11.7373 11.1118 11.4061
July 11.2391 10.7588 11.0124
August 11.0343 10.5330 10.8597
September 11.2413 10.9556 11.0402
October 11.3721 11.0858 11.1793
November 11.2629 10.4612 10.8297
December 10.8770 10.4331 10.6435