YEARLY HIGH
0.0035 BWP
YEARLY LOW
0.0026 BWP
YEARLY AVERAGE
0.0031 BWP

2023 COP to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0035. Conversely, the yearly low was recorded on January 5, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0009 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0034, the exchange rate registered a net change of 25.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0035 was up 9.98% compared to the 2022 peak of 0.0032, 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 17,512 BWP
2022 Average 14,585 BWP
Yearly Trough Low 12,866 BWP
Transaction Impact: A difference of 4,646.28 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0035
0.0026
JanuMarcMayJulySeptNove

COP to BWP 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 0.0029, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0029
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 BWP (High: 0.0031 / Low: 0.0028). On the other end, March was the most stable month, with a tight range of 0.0001 BWP (High: 0.0028 / Low: 0.0027).

May Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 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 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0034) against the same month in 2022 (average: 0.0027), the exchange rate shifted by +0.0007 (+26.86%).

2023 Avg (December) 0.0034
2022 Avg (December) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0028 0.0026 0.0027
February 0.0028 0.0027 0.0027
March 0.0028 0.0027 0.0028
April 0.0030 0.0028 0.0029
May 0.0031 0.0028 0.0030
June 0.0033 0.0031 0.0032
July 0.0033 0.0032 0.0033
August 0.0034 0.0032 0.0033
September 0.0035 0.0033 0.0034
October 0.0034 0.0032 0.0033
November 0.0034 0.0033 0.0034
December 0.0035 0.0034 0.0034