2023 AFN to COP Historical Review

YEARLY HIGH

59.1804 COP

YEARLY LOW

45.0349 COP

YEARLY AVERAGE

52.4281 COP

2023 AFN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 59.1804. Conversely, the yearly low was recorded on July 28, dropping to 45.0349.

This high-to-low spread represents a total annual volatility of 14.1456 COP. From a start-to-finish perspective, comparing the January average rate of 53.0523 to the December average rate of 56.5722, the exchange rate registered a net change of 6.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.1804 was up 2.49% compared to the 2022 peak of 57.7425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295,902 COP

2022 Average 237,446 COP

Yearly Trough Low 225,174 COP

Transaction Impact: A difference of 70,727.76 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

57.5360

45.9711

JanuMarcMayJulySeptNove

AFN 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 52.2615, compared to 52.5946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3331 points.

H1 Avg (Jan–Jun) 52.2615

H2 Avg (Jul–Dec) 52.5946

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 6.3406 COP (High: 55.8799 / Low: 49.5393). On the other end, March was the most stable month, with a tight range of 2.4503 COP (High: 55.4425 / Low: 52.9922).

September Spread (Volatile) ±6.3406

March Spread (Stable) ±2.4503

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.4477 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.4477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 56.4437) against the same month in 2022 (average: 55.9579), the exchange rate shifted by +0.4858 (+0.87%).

2023 Avg (November) 56.4437

2022 Avg (November) 55.9579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.1036	50.1758	53.0523
February	55.5982	51.1499	53.5016
March	55.4425	52.9922	54.3104
April	53.9669	48.4867	52.3472
May	54.0616	50.0954	51.9026
June	50.7982	47.3398	48.4550
July	49.0460	45.0349	46.9348
August	50.6076	45.1957	48.2490
September	55.8799	49.5393	51.4755
October	57.7867	52.3058	55.8926
November	59.1804	53.7105	56.4437
December	57.6519	54.7600	56.5722