2023 ALL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ALL to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ALL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 46.4503. Conversely, the yearly low was recorded on September 16, dropping to 39.1229.
This high-to-low spread represents a total annual volatility of 7.3273 COP. From a start-to-finish perspective, comparing the January average rate of 43.6663 to the December average rate of 42.0216, the exchange rate registered a net change of -3.77% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 46.4503 was up 3.09% compared to the 2022 peak of 45.0593, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ALL 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 43.9421, compared to 41.9595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9827 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 4.0166 COP (High: 44.0405 / Low: 40.0238). On the other end, March was the most stable month, with a tight range of 1.9063 COP (High: 45.6737 / Low: 43.7674).
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 August and September, when the average rate fell by 2.0076 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2023: 44.4014) against the same month in 2022 (average: 35.2875), the exchange rate shifted by +9.1139 (+25.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.4013 | 41.8820 | 43.6663 |
| February | 45.8633 | 43.1503 | 44.3809 |
| March | 45.6737 | 43.7674 | 44.5093 |
| April | 46.3620 | 42.8689 | 44.2758 |
| May | 46.4503 | 42.7302 | 44.4014 |
| June | 43.5568 | 41.2632 | 42.4191 |
| July | 44.6172 | 41.1626 | 43.4990 |
| August | 44.0405 | 40.0238 | 42.0587 |
| September | 41.1116 | 39.1229 | 40.0511 |
| October | 43.5147 | 40.4615 | 42.1570 |
| November | 43.3786 | 40.5168 | 41.9695 |
| December | 43.2436 | 40.9768 | 42.0216 |