2023 COP to AFN Historical Review

YEARLY HIGH

0.0222 AFN

YEARLY LOW

0.0169 AFN

YEARLY AVERAGE

0.0192 AFN

2023 COP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.0222. Conversely, the yearly low was recorded on November 18, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0053 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0177, the exchange rate registered a net change of -6.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0222 was down 16.53% compared to the 2022 peak of 0.0266, 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 111,025 AFN

2022 Average 106,705 AFN

Yearly Trough Low 84,487 AFN

Transaction Impact: A difference of 26,537.66 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0217

0.0173

JanuMarcMayJulySeptNove

COP to AFN 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 0.0192, compared to 0.0191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0192

H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0024 AFN (High: 0.0221 / Low: 0.0198). On the other end, March was the most stable month, with a tight range of 0.0008 AFN (High: 0.0189 / Low: 0.0180).

August Spread (Volatile) ±0.0024

March Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0213) against the same month in 2022 (average: 0.0203), the exchange rate shifted by +0.0011 (+5.21%).

2023 Avg (July) 0.0213

2022 Avg (July) 0.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0199	0.0178	0.0189
February	0.0196	0.0180	0.0187
March	0.0189	0.0180	0.0184
April	0.0206	0.0185	0.0191
May	0.0200	0.0185	0.0193
June	0.0211	0.0197	0.0206
July	0.0222	0.0204	0.0213
August	0.0221	0.0198	0.0207
September	0.0202	0.0179	0.0195
October	0.0191	0.0173	0.0179
November	0.0186	0.0169	0.0177
December	0.0183	0.0173	0.0177