2023 COP to BOB Historical Review

YEARLY HIGH

0.0018 BOB

YEARLY LOW

0.0014 BOB

YEARLY AVERAGE

0.0016 BOB

2023 COP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0018. Conversely, the yearly low was recorded on February 22, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0004 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0017, the exchange rate registered a net change of 19.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0018 was down 2.47% compared to the 2022 peak of 0.0019, 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 9,021 BOB

2022 Average 8,159 BOB

Yearly Trough Low 6,946 BOB

Transaction Impact: A difference of 2,075.10 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0018

0.0014

JanuMarcMayJulySeptNove

COP to BOB 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 0.0015, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0015

H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 BOB (High: 0.0015 / Low: 0.0014). On the other end, November was the most stable month, with a tight range of 0.0001 BOB (High: 0.0017 / Low: 0.0017).

January Spread (Volatile) ±0.0002

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0017) against the same month in 2022 (average: 0.0014), the exchange rate shifted by +0.0003 (+21.14%).

2023 Avg (December) 0.0017

2022 Avg (December) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0015	0.0014	0.0015
February	0.0015	0.0014	0.0014
March	0.0015	0.0014	0.0015
April	0.0016	0.0015	0.0015
May	0.0016	0.0015	0.0015
June	0.0017	0.0016	0.0016
July	0.0018	0.0016	0.0017
August	0.0018	0.0017	0.0017
September	0.0018	0.0017	0.0017
October	0.0017	0.0016	0.0016
November	0.0017	0.0017	0.0017
December	0.0018	0.0017	0.0017