2023 COP to BIF Historical Review

YEARLY HIGH

0.7430 BIF

YEARLY LOW

0.4161 BIF

YEARLY AVERAGE

0.5972 BIF

2023 COP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.7430. Conversely, the yearly low was recorded on January 5, dropping to 0.4161.

This high-to-low spread represents a total annual volatility of 0.3269 BIF. From a start-to-finish perspective, comparing the January average rate of 0.4393 to the December average rate of 0.7206, the exchange rate registered a net change of 64.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7430 was up 35.93% compared to the 2022 peak of 0.5466, 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 3,715,146 BIF

2022 Average 2,416,071 BIF

Yearly Trough Low 2,080,725 BIF

Transaction Impact: A difference of 1,634,420.95 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7494

0.4037

JanuMarcMayJulySeptNove

COP to BIF 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 0.4948, compared to 0.6996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2049 points.

H1 Avg (Jan–Jun) 0.4948

H2 Avg (Jul–Dec) 0.6996

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1981 BIF (High: 0.6425 / Low: 0.4444). On the other end, March was the most stable month, with a tight range of 0.0255 BIF (High: 0.4515 / Low: 0.4261).

May Spread (Volatile) ±0.1981

March Spread (Stable) ±0.0255

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0348 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7206) against the same month in 2022 (average: 0.4316), the exchange rate shifted by +0.2889 (+66.94%).

2023 Avg (December) 0.7206

2022 Avg (December) 0.4316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4614	0.4161	0.4393
February	0.4498	0.4171	0.4325
March	0.4515	0.4261	0.4365
April	0.4725	0.4442	0.4587
May	0.6425	0.4444	0.5279
June	0.6970	0.6371	0.6737
July	0.7206	0.6699	0.6964
August	0.7236	0.6829	0.6961
September	0.7272	0.6892	0.7075
October	0.6966	0.6508	0.6727
November	0.7184	0.6914	0.7046
December	0.7430	0.7063	0.7206