2023 BND to COP Historical Review

YEARLY HIGH

3712.2609 COP

YEARLY LOW

2861.8374 COP

YEARLY AVERAGE

3222.8234 COP

2023 BND to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 3712.2609. Conversely, the yearly low was recorded on September 19, dropping to 2861.8374.

This high-to-low spread represents a total annual volatility of 850.4236 COP. From a start-to-finish perspective, comparing the January average rate of 3551.5717 to the December average rate of 2969.9437, the exchange rate registered a net change of -16.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3712.2609 was up 1.51% compared to the 2022 peak of 3657.0063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,561,305 COP

2022 Average 15,433,125 COP

Yearly Trough Low 14,309,187 COP

Transaction Impact: A difference of 4,252,117.79 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3666.2389

2877.4460

JanuMarcMayJulySeptNove

BND 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 3437.6800, compared to 3007.9667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 429.7133 points.

H1 Avg (Jan–Jun) 3437.6800

H2 Avg (Jul–Dec) 3007.9667

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 300.5860 COP (High: 3709.8208 / Low: 3409.2348). On the other end, December was the most stable month, with a tight range of 105.3963 COP (High: 3009.4122 / Low: 2904.0159).

January Spread (Volatile) ±300.5860

December Spread (Stable) ±105.3963

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 269.5478 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -269.5478

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3600.5062) against the same month in 2022 (average: 2925.7200), the exchange rate shifted by +674.7862 (+23.06%).

2023 Avg (February) 3600.5062

2022 Avg (February) 2925.7200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3709.8208	3409.2348	3551.5717
February	3712.2609	3499.8592	3600.5062
March	3631.6512	3467.2399	3551.2654
April	3521.2243	3310.5485	3408.9080
May	3515.0413	3240.6187	3391.6884
June	3277.5089	3023.9010	3122.1406
July	3131.7998	2953.7817	3046.0247
August	3111.1730	2932.2784	3015.5077
September	3041.6112	2861.8374	2943.1788
October	3193.3045	2987.5426	3083.8664
November	3049.5307	2915.2309	2989.2791
December	3009.4122	2904.0159	2969.9437