YEARLY HIGH
0.0059 CZK
YEARLY LOW
0.0045 CZK
YEARLY AVERAGE
0.0052 CZK

2023 COP to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.0059. Conversely, the yearly low was recorded on February 22, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0014 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0057, the exchange rate registered a net change of 20.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0059 was down 5.68% compared to the 2022 peak of 0.0062, 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 29,393 CZK
2022 Average 27,590 CZK
Yearly Trough Low 22,449 CZK
Transaction Impact: A difference of 6,943.95 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0058
0.0045
JanuMarcMayJulySeptNove

COP to CZK 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 0.0048, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0005 CZK (High: 0.0051 / Low: 0.0045). On the other end, August was the most stable month, with a tight range of 0.0002 CZK (High: 0.0056 / Low: 0.0053).

May Spread (Volatile) ±0.0005
August Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0057) against the same month in 2022 (average: 0.0056), the exchange rate shifted by +0.0001 (+1.94%).

2023 Avg (September) 0.0057
2022 Avg (September) 0.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0046 0.0047
February 0.0048 0.0045 0.0046
March 0.0048 0.0045 0.0047
April 0.0048 0.0046 0.0047
May 0.0051 0.0045 0.0048
June 0.0053 0.0050 0.0052
July 0.0055 0.0051 0.0053
August 0.0056 0.0053 0.0054
September 0.0059 0.0054 0.0057
October 0.0057 0.0053 0.0055
November 0.0058 0.0055 0.0056
December 0.0058 0.0055 0.0057