YEARLY HIGH
1.0361 COP
YEARLY LOW
0.8792 COP
YEARLY AVERAGE
0.9713 COP

2021 MGA to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 1.0361. Conversely, the yearly low was recorded on January 4, dropping to 0.8792.

This high-to-low spread represents a total annual volatility of 0.1569 COP. From a start-to-finish perspective, comparing the January average rate of 0.9169 to the December average rate of 1.0010, the exchange rate registered a net change of 9.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0361 was down 7.41% compared to the 2020 peak of 1.1190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,181 COP
2020 Average 4,844 COP
Yearly Trough Low 4,396 COP
Transaction Impact: A difference of 784.52 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0095
0.9085
JanuMarcMayJulySeptNove

MGA 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 0.9585, compared to 0.9842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 0.9585
H2 Avg (Jul–Dec) 0.9842

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0759 COP (High: 0.9551 / Low: 0.8792). On the other end, September was the most stable month, with a tight range of 0.0258 COP (High: 0.9828 / Low: 0.9570).

January Spread (Volatile) ±0.0759
September Spread (Stable) ±0.0258

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0254 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.9984) against the same month in 2020 (average: 0.9852), the exchange rate shifted by +0.0132 (+1.34%).

2021 Avg (August) 0.9984
2020 Avg (August) 0.9852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9551 0.8792 0.9169
February 0.9715 0.9277 0.9448
March 0.9920 0.9348 0.9572
April 0.9891 0.9487 0.9616
May 1.0213 0.9767 0.9936
June 1.0047 0.9463 0.9770
July 1.0291 0.9548 0.9971
August 1.0361 0.9760 0.9984
September 0.9828 0.9570 0.9730
October 0.9642 0.9353 0.9545
November 1.0138 0.9447 0.9808
December 1.0239 0.9778 1.0010