YEARLY HIGH
0.0005 BAM
YEARLY LOW
0.0004 BAM
YEARLY AVERAGE
0.0004 BAM

2023 COP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0005. Conversely, the yearly low was recorded on February 22, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0001 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0004 to the December average rate of 0.0005, the exchange rate registered a net change of 17.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0005 was down 4.11% compared to the 2022 peak of 0.0005, 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 2,345 BAM
2022 Average 2,195 BAM
Yearly Trough Low 1,850 BAM
Transaction Impact: A difference of 495.16 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0005
0.0004
JanuMarcMayJulySeptNove

COP to BAM 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 0.0004, compared to 0.0004 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) 0.0004
H2 Avg (Jul–Dec) 0.0004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0000 BAM (High: 0.0004 / Low: 0.0004). On the other end, December was the most stable month, with a tight range of 0.0000 BAM (High: 0.0005 / Low: 0.0004).

May Spread (Volatile) ±0.0000
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 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 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0005) against the same month in 2022 (average: 0.0004), the exchange rate shifted by +0.0000 (+2.71%).

2023 Avg (September) 0.0005
2022 Avg (September) 0.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0004 0.0004 0.0004
February 0.0004 0.0004 0.0004
March 0.0004 0.0004 0.0004
April 0.0004 0.0004 0.0004
May 0.0004 0.0004 0.0004
June 0.0004 0.0004 0.0004
July 0.0005 0.0004 0.0004
August 0.0005 0.0004 0.0004
September 0.0005 0.0004 0.0005
October 0.0005 0.0004 0.0004
November 0.0005 0.0004 0.0004
December 0.0005 0.0004 0.0005