2023 BWP to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BWP to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BWP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 388.6165. Conversely, the yearly low was recorded on December 28, dropping to 285.5114.
This high-to-low spread represents a total annual volatility of 103.1050 COP. From a start-to-finish perspective, comparing the January average rate of 368.9849 to the December average rate of 292.9808, the exchange rate registered a net change of -20.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 388.6165 was up 0.27% compared to the 2022 peak of 387.5764, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BWP 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 348.4454, compared to 300.1911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 48.2543 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 37.4451 COP (High: 388.6165 / Low: 351.1714). On the other end, December was the most stable month, with a tight range of 12.8670 COP (High: 298.3784 / Low: 285.5114).
Growth Streaks & Declines
TrendsNo 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 24.6773 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 368.9849) against the same month in 2022 (average: 344.6199), the exchange rate shifted by +24.3650 (+7.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 388.6165 | 351.1714 | 368.9849 |
| February | 376.0181 | 358.4882 | 366.5041 |
| March | 367.9559 | 351.5633 | 359.9309 |
| April | 359.3285 | 335.7267 | 345.5025 |
| May | 354.9092 | 318.4064 | 337.2135 |
| June | 322.3125 | 305.2404 | 312.5362 |
| July | 313.2046 | 299.9358 | 307.0378 |
| August | 310.4972 | 292.7743 | 301.8137 |
| September | 304.0988 | 286.0268 | 293.8095 |
| October | 315.5026 | 297.7658 | 307.2899 |
| November | 305.0579 | 291.2637 | 298.2149 |
| December | 298.3784 | 285.5114 | 292.9808 |