2023 COP to CDF Historical Review

YEARLY HIGH

0.7114 CDF

YEARLY LOW

0.4108 CDF

YEARLY AVERAGE

0.5463 CDF

2023 COP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.7114. Conversely, the yearly low was recorded on January 5, dropping to 0.4108.

This high-to-low spread represents a total annual volatility of 0.3007 CDF. From a start-to-finish perspective, comparing the January average rate of 0.4350 to the December average rate of 0.6882, the exchange rate registered a net change of 58.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7114 was up 31.99% compared to the 2022 peak of 0.5390, 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 3,557,214 CDF

2022 Average 2,389,482 CDF

Yearly Trough Low 2,053,847 CDF

Transaction Impact: A difference of 1,503,366.47 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7140

0.4044

JanuMarcMayJulySeptNove

COP to CDF 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 0.4673, compared to 0.6253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1580 points.

H1 Avg (Jan–Jun) 0.4673

H2 Avg (Jul–Dec) 0.6253

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0921 CDF (High: 0.5306 / Low: 0.4385). On the other end, March was the most stable month, with a tight range of 0.0236 CDF (High: 0.4484 / Low: 0.4248).

May Spread (Volatile) ±0.0921

March Spread (Stable) ±0.0236

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 0.0227 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6882) against the same month in 2022 (average: 0.4271), the exchange rate shifted by +0.2610 (+61.12%).

2023 Avg (December) 0.6882

2022 Avg (December) 0.4271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4580	0.4108	0.4350
February	0.4454	0.4115	0.4302
March	0.4484	0.4248	0.4347
April	0.4843	0.4402	0.4591
May	0.5306	0.4385	0.4824
June	0.5841	0.5255	0.5621
July	0.6417	0.5791	0.6078
August	0.6336	0.5928	0.6082
September	0.6340	0.6041	0.6196
October	0.6290	0.5707	0.5969
November	0.6805	0.6059	0.6311
December	0.7114	0.6646	0.6882