YEARLY HIGH
0.0287 BDT
YEARLY LOW
0.0209 BDT
YEARLY AVERAGE
0.0251 BDT

2023 COP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0287. Conversely, the yearly low was recorded on January 5, dropping to 0.0209.

This high-to-low spread represents a total annual volatility of 0.0078 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0278, the exchange rate registered a net change of 24.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0287 was up 16.81% compared to the 2022 peak of 0.0245, 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 143,282 BDT
2022 Average 109,828 BDT
Yearly Trough Low 104,288 BDT
Transaction Impact: A difference of 38,994.19 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0284
0.0216
JanuMarcMayJulySeptNove

COP to BDT 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 0.0232, compared to 0.0270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0232
H2 Avg (Jul–Dec) 0.0270

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0026 BDT (High: 0.0234 / Low: 0.0209). On the other end, November was the most stable month, with a tight range of 0.0011 BDT (High: 0.0279 / Low: 0.0268).

January Spread (Volatile) ±0.0026
November Spread (Stable) ±0.0011

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 0.0013 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0278) against the same month in 2022 (average: 0.0217), the exchange rate shifted by +0.0061 (+28.29%).

2023 Avg (December) 0.0278
2022 Avg (December) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0234 0.0209 0.0223
February 0.0234 0.0215 0.0222
March 0.0233 0.0215 0.0223
April 0.0242 0.0226 0.0234
May 0.0244 0.0226 0.0236
June 0.0266 0.0242 0.0257
July 0.0276 0.0257 0.0267
August 0.0277 0.0261 0.0268
September 0.0281 0.0266 0.0274
October 0.0271 0.0253 0.0261
November 0.0279 0.0268 0.0274
December 0.0287 0.0273 0.0278