YEARLY HIGH
0.0013 BRL
YEARLY LOW
0.0010 BRL
YEARLY AVERAGE
0.0012 BRL

2023 COP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0013. Conversely, the yearly low was recorded on February 22, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0002 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0012, the exchange rate registered a net change of 12.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0013 was down 10.59% compared to the 2022 peak of 0.0014, 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 6,302 BRL
2022 Average 6,101 BRL
Yearly Trough Low 5,181 BRL
Transaction Impact: A difference of 1,121.35 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0013
0.0011
JanuMarcMayJulySeptNove

COP to BRL 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 0.0011, compared to 0.0012 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) 0.0011
H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0001 BRL (High: 0.0012 / Low: 0.0011). On the other end, December was the most stable month, with a tight range of 0.0000 BRL (High: 0.0013 / Low: 0.0012).

May Spread (Volatile) ±0.0001
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 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 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0012) against the same month in 2022 (average: 0.0011), the exchange rate shifted by +0.0001 (+12.98%).

2023 Avg (December) 0.0012
2022 Avg (December) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0011 0.0011 0.0011
February 0.0011 0.0010 0.0011
March 0.0011 0.0011 0.0011
April 0.0011 0.0011 0.0011
May 0.0012 0.0011 0.0011
June 0.0012 0.0011 0.0012
July 0.0012 0.0011 0.0012
August 0.0012 0.0012 0.0012
September 0.0013 0.0012 0.0012
October 0.0012 0.0012 0.0012
November 0.0012 0.0012 0.0012
December 0.0013 0.0012 0.0012