YEARLY HIGH
1850.8697 COP
YEARLY LOW
1545.8807 COP
YEARLY AVERAGE
1704.8302 COP

2017 BGN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1850.8697. Conversely, the yearly low was recorded on April 23, dropping to 1545.8807.

This high-to-low spread represents a total annual volatility of 304.9890 COP. From a start-to-finish perspective, comparing the January average rate of 1596.9467 to the December average rate of 1810.0727, the exchange rate registered a net change of 13.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1850.8697 was down 6.01% compared to the 2016 peak of 1969.1556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,254,349 COP
2016 Average 8,632,359 COP
Yearly Trough Low 7,729,403 COP
Transaction Impact: A difference of 1,524,945.22 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1834.5079
1541.2847
JanuMarcMayJulySeptNove

BGN to COP 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 1616.9073, compared to 1792.7531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 175.8458 points.

H1 Avg (Jan–Jun) 1616.9073
H2 Avg (Jul–Dec) 1792.7531

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 130.5900 COP (High: 1781.7754 / Low: 1651.1854). On the other end, August was the most stable month, with a tight range of 31.6531 COP (High: 1813.4221 / Low: 1781.7690).

June Spread (Volatile) ±130.5900
August Spread (Stable) ±31.6531

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 31.2267 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -31.2267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1810.0727) against the same month in 2016 (average: 1622.6068), the exchange rate shifted by +187.4659 (+11.55%).

2017 Avg (December) 1810.0727
2016 Avg (December) 1622.6068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1634.9333 1574.6325 1596.9467
February 1611.1418 1549.8521 1565.7200
March 1631.9085 1565.7133 1607.0201
April 1644.4323 1545.8807 1575.9752
May 1679.1913 1625.3304 1654.7640
June 1781.7754 1651.1854 1701.0177
July 1811.2019 1768.6748 1789.1281
August 1813.4221 1781.7690 1795.1512
September 1810.7464 1759.2789 1777.1506
October 1809.8411 1738.7308 1776.3994
November 1839.0983 1791.4080 1808.6164
December 1850.8697 1790.9513 1810.0727