YEARLY HIGH
0.0010 AED
YEARLY LOW
0.0007 AED
YEARLY AVERAGE
0.0009 AED

2023 COP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0010. Conversely, the yearly low was recorded on February 22, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0002 AED. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0009, the exchange rate registered a net change of 19.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0010 was down 2.96% compared to the 2022 peak of 0.0010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,783 AED
2022 Average 4,348 AED
Yearly Trough Low 3,693 AED
Transaction Impact: A difference of 1,089.82 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0009
0.0007
JanuMarcMayJulySeptNove

COP to AED 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 0.0008, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0008
H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0001 AED (High: 0.0008 / Low: 0.0007). On the other end, November was the most stable month, with a tight range of 0.0000 AED (High: 0.0009 / Low: 0.0009).

January Spread (Volatile) ±0.0001
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0009) against the same month in 2022 (average: 0.0008), the exchange rate shifted by +0.0002 (+21.04%).

2023 Avg (December) 0.0009
2022 Avg (December) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0007 0.0008
February 0.0008 0.0007 0.0008
March 0.0008 0.0008 0.0008
April 0.0008 0.0008 0.0008
May 0.0008 0.0008 0.0008
June 0.0009 0.0008 0.0009
July 0.0009 0.0009 0.0009
August 0.0009 0.0009 0.0009
September 0.0009 0.0009 0.0009
October 0.0009 0.0008 0.0009
November 0.0009 0.0009 0.0009
December 0.0010 0.0009 0.0009