2023 BIF to COP Historical Review

YEARLY HIGH

2.4030 COP

YEARLY LOW

1.3458 COP

YEARLY AVERAGE

1.7562 COP

2023 BIF to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.4030. Conversely, the yearly low was recorded on December 28, dropping to 1.3458.

This high-to-low spread represents a total annual volatility of 1.0572 COP. From a start-to-finish perspective, comparing the January average rate of 2.2782 to the December average rate of 1.3881, the exchange rate registered a net change of -39.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4030 was down 2.37% compared to the 2022 peak of 2.4613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,015 COP

2022 Average 10,418 COP

Yearly Trough Low 6,729 COP

Transaction Impact: A difference of 5,285.83 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4057

1.2955

JanuMarcMayJulySeptNove

BIF 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 2.0820, compared to 1.4304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6516 points.

H1 Avg (Jan–Jun) 2.0820

H2 Avg (Jul–Dec) 1.4304

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.6939 COP (High: 2.2503 / Low: 1.5564). On the other end, November was the most stable month, with a tight range of 0.0544 COP (High: 1.4463 / Low: 1.3919).

May Spread (Volatile) ±0.6939

November Spread (Stable) ±0.0544

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4579 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.4579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.2782) against the same month in 2022 (average: 1.9981), the exchange rate shifted by +0.2801 (+14.02%).

2023 Avg (January) 2.2782

2022 Avg (January) 1.9981

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4030	2.1672	2.2782
February	2.3974	2.2234	2.3132
March	2.3471	2.2146	2.2916
April	2.2510	2.1166	2.1807
May	2.2503	1.5564	1.9430
June	1.5696	1.4348	1.4851
July	1.4927	1.3877	1.4367
August	1.4644	1.3821	1.4370
September	1.4509	1.3752	1.4138
October	1.5365	1.4355	1.4871
November	1.4463	1.3919	1.4194
December	1.4158	1.3458	1.3881