YEARLY HIGH
2.4345 COP
YEARLY LOW
1.4056 COP
YEARLY AVERAGE
1.8827 COP

2023 CDF to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.4345. Conversely, the yearly low was recorded on December 19, dropping to 1.4056.

This high-to-low spread represents a total annual volatility of 1.0289 COP. From a start-to-finish perspective, comparing the January average rate of 2.3009 to the December average rate of 1.4537, the exchange rate registered a net change of -36.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4345 was down 1.67% compared to the 2022 peak of 2.4759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,172 COP
2022 Average 10,534 COP
Yearly Trough Low 7,028 COP
Transaction Impact: A difference of 5,144.31 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4123
1.3665
JanuMarcMayJulySeptNove

CDF 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 2.1617, compared to 1.6037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5580 points.

H1 Avg (Jan–Jun) 2.1617
H2 Avg (Jul–Dec) 1.6037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.3959 COP (High: 2.2806 / Low: 1.8847). On the other end, September was the most stable month, with a tight range of 0.0781 COP (High: 1.6553 / Low: 1.5772).

May Spread (Volatile) ±0.3959
September Spread (Stable) ±0.0781

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 0.3027 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.3009) against the same month in 2022 (average: 1.9950), the exchange rate shifted by +0.3059 (+15.33%).

2023 Avg (January) 2.3009
2022 Avg (January) 1.9950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4345 2.1836 2.3009
February 2.4299 2.2451 2.3252
March 2.3542 2.2301 2.3008
April 2.2715 2.0647 2.1793
May 2.2806 1.8847 2.0834
June 1.9031 1.7121 1.7807
July 1.7269 1.5584 1.6470
August 1.6868 1.5782 1.6447
September 1.6553 1.5772 1.6143
October 1.7522 1.5898 1.6767
November 1.6504 1.4695 1.5860
December 1.5047 1.4056 1.4537