2023 CNY to COP Historical Review

YEARLY HIGH

722.4435 COP

YEARLY LOW

534.8129 COP

YEARLY AVERAGE

612.8422 COP

2023 CNY to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 722.4435. Conversely, the yearly low was recorded on September 19, dropping to 534.8129.

This high-to-low spread represents a total annual volatility of 187.6306 COP. From a start-to-finish perspective, comparing the January average rate of 693.9593 to the December average rate of 555.8871, the exchange rate registered a net change of -19.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 722.4435 was up 2.54% compared to the 2022 peak of 704.5768, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 18,061,087 COP

2022 Average 15,789,595 COP

Yearly Trough Low 13,370,322 COP

Transaction Impact: A difference of 4,690,765.64 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

715.7925

534.6986

JanuMarcMayJulySeptNove

CNY 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 663.4290, compared to 562.2553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 101.1737 points.

H1 Avg (Jan–Jun) 663.4290

H2 Avg (Jul–Dec) 562.2553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 61.3678 COP (High: 722.4435 / Low: 661.0757). On the other end, November was the most stable month, with a tight range of 28.3141 COP (High: 573.8391 / Low: 545.5250).

January Spread (Volatile) ±61.3678

November Spread (Stable) ±28.3141

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 62.4737 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -62.4737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 693.9593) against the same month in 2022 (average: 629.4666), the exchange rate shifted by +64.4926 (+10.25%).

2023 Avg (January) 693.9593

2022 Avg (January) 629.4666

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	722.4435	661.0757	693.9593
February	721.4900	683.3107	700.7013
March	707.5695	670.5887	690.2748
April	680.5611	639.1491	658.4227
May	677.7720	617.2873	649.8448
June	624.1191	567.5164	587.3711
July	581.5922	551.2264	565.6266
August	581.0532	545.5128	562.5337
September	565.6230	534.8129	549.7898
October	601.7956	559.1437	580.2347
November	573.8391	545.5250	559.4602
December	568.5161	537.6219	555.8871