YEARLY HIGH
2467.5637 COP
YEARLY LOW
1899.9279 COP
YEARLY AVERAGE
2146.8027 COP

2023 BZD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 2467.5637. Conversely, the yearly low was recorded on December 28, dropping to 1899.9279.

This high-to-low spread represents a total annual volatility of 567.6359 COP. From a start-to-finish perspective, comparing the January average rate of 2338.3468 to the December average rate of 1961.0511, the exchange rate registered a net change of -16.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2467.5637 was down 1.98% compared to the 2022 peak of 2517.3063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,337,819 COP
2022 Average 10,562,081 COP
Yearly Trough Low 9,499,639 COP
Transaction Impact: A difference of 2,838,179.25 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2420.7524
1919.2601
JanuMarcMayJulySeptNove

BZD 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 2278.9914, compared to 2014.6140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 264.3775 points.

H1 Avg (Jan–Jun) 2278.9914
H2 Avg (Jul–Dec) 2014.6140

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 240.8654 COP (High: 2465.5492 / Low: 2224.6838). On the other end, November was the most stable month, with a tight range of 73.2268 COP (High: 2037.6284 / Low: 1964.4017).

January Spread (Volatile) ±240.8654
November Spread (Stable) ±73.2268

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 168.9015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -168.9015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2378.9613) against the same month in 2022 (average: 1954.4722), the exchange rate shifted by +424.4891 (+21.72%).

2023 Avg (February) 2378.9613
2022 Avg (February) 1954.4722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2465.5492 2224.6838 2338.3468
February 2467.5637 2283.9368 2378.9613
March 2419.7456 2285.8272 2366.3124
April 2332.6013 2177.2306 2251.8467
May 2327.5235 2178.8763 2253.6914
June 2197.5065 2021.3774 2084.7899
July 2099.8013 1948.4302 2019.2035
August 2071.7645 1941.6842 2020.4280
September 2037.4329 1935.8424 1989.5598
October 2164.7894 2019.6621 2095.5262
November 2037.6284 1964.4017 2001.9153
December 1999.6052 1899.9279 1961.0511