2023 COP to ARS Historical Review

YEARLY HIGH

0.2103 ARS

YEARLY LOW

0.0360 ARS

YEARLY AVERAGE

0.0701 ARS

2023 COP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2103. Conversely, the yearly low was recorded on January 5, dropping to 0.0360.

This high-to-low spread represents a total annual volatility of 0.1743 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0387 to the December average rate of 0.1602, the exchange rate registered a net change of 314.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2103 was up 465.79% compared to the 2022 peak of 0.0372, 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 1,051,511 ARS

2022 Average 152,643 ARS

Yearly Trough Low 179,931 ARS

Transaction Impact: A difference of 871,579.49 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1723

0.0265

JanuMarcMayJulySeptNove

COP to ARS 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 0.0464, compared to 0.0937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0473 points.

H1 Avg (Jan–Jun) 0.0464

H2 Avg (Jul–Dec) 0.0937

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1205 ARS (High: 0.2103 / Low: 0.0898). On the other end, February was the most stable month, with a tight range of 0.0021 ARS (High: 0.0413 / Low: 0.0391).

December Spread (Volatile) ±0.1205

February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0043 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1602) against the same month in 2022 (average: 0.0360), the exchange rate shifted by +0.1242 (+345.27%).

2023 Avg (December) 0.1602

2022 Avg (December) 0.0360

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0413	0.0360	0.0387
February	0.0413	0.0391	0.0400
March	0.0453	0.0406	0.0426
April	0.0493	0.0449	0.0475
May	0.0545	0.0477	0.0508
June	0.0618	0.0542	0.0591
July	0.0700	0.0613	0.0654
August	0.0880	0.0667	0.0789
September	0.0897	0.0851	0.0873
October	0.0862	0.0805	0.0829
November	0.0909	0.0852	0.0877
December	0.2103	0.0898	0.1602