2020 TOP to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TOP to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TOP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1759.9833. Conversely, the yearly low was recorded on January 9, dropping to 1411.7489.
This high-to-low spread represents a total annual volatility of 348.2343 COP. From a start-to-finish perspective, comparing the January average rate of 1441.5213 to the December average rate of 1516.1433, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1759.9833 was up 15.97% compared to the 2019 peak of 1517.5641, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TOP 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 1593.5759, compared to 1612.3488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.7729 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 275.4227 COP (High: 1753.9032 / Low: 1478.4805). On the other end, October was the most stable month, with a tight range of 46.9698 COP (High: 1676.8399 / Low: 1629.8701).
Growth Streaks & Declines
TrendsBetween January and April, 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 November and December, when the average rate fell by 84.9716 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 1699.2408) against the same month in 2019 (average: 1392.3043), the exchange rate shifted by +306.9365 (+22.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1476.3814 | 1411.7489 | 1441.5213 |
| February | 1505.7203 | 1453.3964 | 1470.6881 |
| March | 1753.9032 | 1478.4805 | 1650.6537 |
| April | 1759.9833 | 1631.7773 | 1699.2408 |
| May | 1718.5227 | 1616.7680 | 1667.9530 |
| June | 1676.5280 | 1576.2491 | 1631.3987 |
| July | 1646.1375 | 1579.4909 | 1600.7395 |
| August | 1688.6773 | 1634.1025 | 1657.6367 |
| September | 1681.0973 | 1612.6559 | 1642.0709 |
| October | 1676.8399 | 1629.8701 | 1656.3876 |
| November | 1664.2961 | 1573.7803 | 1601.1149 |
| December | 1558.4764 | 1491.8313 | 1516.1433 |