YEARLY HIGH
0.0151 DOP
YEARLY LOW
0.0113 DOP
YEARLY AVERAGE
0.0130 DOP

2023 COP to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0151. Conversely, the yearly low was recorded on February 22, dropping to 0.0113.

This high-to-low spread represents a total annual volatility of 0.0038 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0145, the exchange rate registered a net change of 20.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0151 was up 1.54% compared to the 2022 peak of 0.0148, 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 75,277 DOP
2022 Average 65,121 DOP
Yearly Trough Low 56,290 DOP
Transaction Impact: A difference of 18,987.03 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0148
0.0113
JanuMarcMayJulySeptNove

COP to DOP 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 0.0121, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0121
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0013 DOP (High: 0.0126 / Low: 0.0113). On the other end, November was the most stable month, with a tight range of 0.0005 DOP (High: 0.0144 / Low: 0.0138).

January Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0145) against the same month in 2022 (average: 0.0116), the exchange rate shifted by +0.0029 (+25.40%).

2023 Avg (December) 0.0145
2022 Avg (December) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0126 0.0113 0.0120
February 0.0123 0.0113 0.0117
March 0.0119 0.0113 0.0116
April 0.0125 0.0117 0.0121
May 0.0124 0.0116 0.0120
June 0.0135 0.0123 0.0131
July 0.0143 0.0132 0.0137
August 0.0144 0.0135 0.0139
September 0.0145 0.0138 0.0142
October 0.0139 0.0130 0.0135
November 0.0144 0.0138 0.0141
December 0.0151 0.0141 0.0145