2021 TRY to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TRY to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TRY to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 510.2393. Conversely, the yearly low was recorded on December 19, dropping to 242.7107.
This high-to-low spread represents a total annual volatility of 267.5286 COP. From a start-to-finish perspective, comparing the January average rate of 471.7289 to the December average rate of 298.9813, the exchange rate registered a net change of -36.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 510.2393 was down 21.68% compared to the 2020 peak of 651.4762, 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 2021.
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 460.0953, compared to 403.7035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 56.3918 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 131.4612 COP (High: 374.1719 / Low: 242.7107). On the other end, August was the most stable month, with a tight range of 14.1235 COP (High: 465.0235 / Low: 450.9001).
Growth Streaks & Declines
TrendsBetween June and August, 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 November and December, when the average rate fell by 65.6846 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 500.4739) against the same month in 2020 (average: 561.6036), the exchange rate shifted by -61.1297 (-10.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 489.7301 | 460.7556 | 471.7289 |
| February | 510.2393 | 487.1554 | 500.4739 |
| March | 500.6938 | 438.0639 | 470.0083 |
| April | 454.9337 | 430.6302 | 445.3486 |
| May | 463.8387 | 433.4113 | 445.4629 |
| June | 438.2378 | 417.6322 | 427.5494 |
| July | 457.7171 | 431.4738 | 445.2751 |
| August | 465.0235 | 450.9001 | 458.0384 |
| September | 458.2538 | 431.4120 | 446.1953 |
| October | 429.2397 | 388.8371 | 409.0650 |
| November | 399.1814 | 299.1990 | 364.6659 |
| December | 374.1719 | 242.7107 | 298.9813 |