YEARLY HIGH
0.0019 CNY
YEARLY LOW
0.0014 CNY
YEARLY AVERAGE
0.0016 CNY

2023 COP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0019. Conversely, the yearly low was recorded on January 5, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0005 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0014 to the December average rate of 0.0018, the exchange rate registered a net change of 24.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0019 was up 5.97% compared to the 2022 peak of 0.0018, 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 9,349 CNY
2022 Average 7,940 CNY
Yearly Trough Low 6,921 CNY
Transaction Impact: A difference of 2,428.11 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0019
0.0014
JanuMarcMayJulySeptNove

COP to CNY 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 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0015
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0002 CNY (High: 0.0018 / Low: 0.0016). On the other end, February was the most stable month, with a tight range of 0.0001 CNY (High: 0.0015 / Low: 0.0014).

June Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0018) against the same month in 2022 (average: 0.0016), the exchange rate shifted by +0.0002 (+15.18%).

2023 Avg (September) 0.0018
2022 Avg (September) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0015 0.0014 0.0014
February 0.0015 0.0014 0.0014
March 0.0015 0.0014 0.0014
April 0.0016 0.0015 0.0015
May 0.0016 0.0015 0.0015
June 0.0018 0.0016 0.0017
July 0.0018 0.0017 0.0018
August 0.0018 0.0017 0.0018
September 0.0019 0.0018 0.0018
October 0.0018 0.0017 0.0017
November 0.0018 0.0017 0.0018
December 0.0019 0.0018 0.0018