2023 COP to DJF Historical Review

YEARLY HIGH

0.0464 DJF

YEARLY LOW

0.0357 DJF

YEARLY AVERAGE

0.0413 DJF

2023 COP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0464. Conversely, the yearly low was recorded on January 5, dropping to 0.0357.

This high-to-low spread represents a total annual volatility of 0.0107 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0377 to the December average rate of 0.0450, the exchange rate registered a net change of 19.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0464 was down 2.95% compared to the 2022 peak of 0.0478, 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 232,075 DJF

2022 Average 210,759 DJF

Yearly Trough Low 178,487 DJF

Transaction Impact: A difference of 53,588.45 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0458

0.0363

JanuMarcMayJulySeptNove

COP to DJF 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 0.0388, compared to 0.0438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0388

H2 Avg (Jul–Dec) 0.0438

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0039 DJF (High: 0.0396 / Low: 0.0357). On the other end, November was the most stable month, with a tight range of 0.0018 DJF (High: 0.0451 / Low: 0.0433).

January Spread (Volatile) ±0.0039

November Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0450) against the same month in 2022 (average: 0.0371), the exchange rate shifted by +0.0079 (+21.20%).

2023 Avg (December) 0.0450

2022 Avg (December) 0.0371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0396	0.0357	0.0377
February	0.0388	0.0358	0.0371
March	0.0386	0.0365	0.0373
April	0.0405	0.0380	0.0392
May	0.0405	0.0380	0.0392
June	0.0436	0.0402	0.0424
July	0.0453	0.0421	0.0437
August	0.0455	0.0426	0.0437
September	0.0456	0.0433	0.0444
October	0.0437	0.0408	0.0422
November	0.0451	0.0433	0.0441
December	0.0464	0.0441	0.0450