2020 TRY to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TRY to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TRY to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 651.4762. Conversely, the yearly low was recorded on December 13, dropping to 434.8178.
This high-to-low spread represents a total annual volatility of 216.6584 COP. From a start-to-finish perspective, comparing the January average rate of 558.8003 to the December average rate of 449.7227, the exchange rate registered a net change of -19.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 651.4762 was up 3.52% compared to the 2019 peak of 629.3264, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TRY 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 568.3102, compared to 490.4347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 77.8755 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 94.5177 COP (High: 651.4762 / Low: 556.9585). On the other end, July was the most stable month, with a tight range of 21.0721 COP (High: 546.5661 / Low: 525.4940).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 31.1640 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 610.6236) against the same month in 2019 (average: 570.3038), the exchange rate shifted by +40.3198 (+7.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 571.8115 | 543.5281 | 558.8003 |
| February | 573.5078 | 551.3042 | 561.6036 |
| March | 651.4762 | 556.9585 | 610.6236 |
| April | 620.1540 | 557.4195 | 579.4596 |
| May | 571.5665 | 543.6354 | 556.0138 |
| June | 555.7977 | 525.4690 | 543.3606 |
| July | 546.5661 | 525.4940 | 531.1314 |
| August | 541.3851 | 508.3146 | 519.5125 |
| September | 510.2536 | 486.3610 | 496.9681 |
| October | 498.0380 | 460.1168 | 482.3294 |
| November | 481.7796 | 440.4777 | 462.9443 |
| December | 473.3328 | 434.8178 | 449.7227 |