YEARLY HIGH
60.0907 COP
YEARLY LOW
46.0354 COP
YEARLY AVERAGE
52.4089 COP

2023 BTN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 60.0907. Conversely, the yearly low was recorded on December 28, dropping to 46.0354.

This high-to-low spread represents a total annual volatility of 14.0553 COP. From a start-to-finish perspective, comparing the January average rate of 57.5995 to the December average rate of 47.4903, the exchange rate registered a net change of -17.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 60.0907 was down 3.41% compared to the 2022 peak of 62.2118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 300,454 COP
2022 Average 270,470 COP
Yearly Trough Low 230,177 COP
Transaction Impact: A difference of 70,276.60 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

59.1197
46.4330
JanuMarcMayJulySeptNove

BTN 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 55.8685, compared to 48.9493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9192 points.

H1 Avg (Jan–Jun) 55.8685
H2 Avg (Jul–Dec) 48.9493

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.1424 COP (High: 60.0907 / Low: 54.9483). On the other end, November was the most stable month, with a tight range of 1.7428 COP (High: 49.2921 / Low: 47.5494).

January Spread (Volatile) ±5.1424
November Spread (Stable) ±1.7428

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 4.0642 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.0642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 57.5995) against the same month in 2022 (average: 53.7621), the exchange rate shifted by +3.8374 (+7.14%).

2023 Avg (January) 57.5995
2022 Avg (January) 53.7621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.0907 54.9483 57.5995
February 60.0777 56.0560 58.0625
March 59.0589 56.0862 57.8746
April 57.4759 53.6604 55.3704
May 57.3030 53.0923 55.1841
June 53.5774 49.7064 51.1199
July 51.1411 47.7409 49.5143
August 50.4383 47.5748 49.1801
September 49.6313 46.9096 48.3030
October 52.4318 49.0227 50.7623
November 49.2921 47.5494 48.4461
December 48.3808 46.0354 47.4903