2020 ZAR to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ZAR to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ZAR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 250.2096. Conversely, the yearly low was recorded on May 2, dropping to 204.3334.
This high-to-low spread represents a total annual volatility of 45.8763 COP. From a start-to-finish perspective, comparing the January average rate of 229.8222 to the December average rate of 232.9043, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 250.2096 was up 4.13% compared to the 2019 peak of 240.2770, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ZAR 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 221.6583, compared to 227.5232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8649 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 30.6252 COP (High: 250.2096 / Low: 219.5844). On the other end, October was the most stable month, with a tight range of 7.6976 COP (High: 237.5287 / Low: 229.8311).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 19.1325 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 232.2726) against the same month in 2019 (average: 217.2340), the exchange rate shifted by +15.0386 (+6.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 234.6186 | 226.2101 | 229.8222 |
| February | 233.0948 | 222.2429 | 226.3161 |
| March | 250.2096 | 219.5844 | 232.2726 |
| April | 222.5640 | 206.2445 | 213.1401 |
| May | 217.6452 | 204.3334 | 212.0356 |
| June | 221.3149 | 210.8545 | 216.3632 |
| July | 224.3854 | 211.8885 | 217.6847 |
| August | 230.0598 | 211.7261 | 219.6266 |
| September | 231.8698 | 217.6307 | 224.3527 |
| October | 237.5287 | 229.8311 | 233.1985 |
| November | 243.1171 | 232.1269 | 237.3724 |
| December | 239.6458 | 226.1220 | 232.9043 |