2023 COP to EGP Historical Review

YEARLY HIGH

0.0080 EGP

YEARLY LOW

0.0051 EGP

YEARLY AVERAGE

0.0071 EGP

2023 COP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0080. Conversely, the yearly low was recorded on January 2, dropping to 0.0051.

This high-to-low spread represents a total annual volatility of 0.0029 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0078, the exchange rate registered a net change of 28.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0080 was up 54.01% compared to the 2022 peak of 0.0052, 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 40,163 EGP

2022 Average 22,515 EGP

Yearly Trough Low 25,470 EGP

Transaction Impact: A difference of 14,693.09 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0080

0.0059

JanuMarcMayJulySeptNove

COP to EGP 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 0.0066, compared to 0.0076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0066

H2 Avg (Jul–Dec) 0.0076

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0016 EGP (High: 0.0067 / Low: 0.0051). On the other end, November was the most stable month, with a tight range of 0.0003 EGP (High: 0.0078 / Low: 0.0075).

January Spread (Volatile) ±0.0016

November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0078) against the same month in 2022 (average: 0.0051), the exchange rate shifted by +0.0027 (+51.69%).

2023 Avg (December) 0.0078

2022 Avg (December) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0067	0.0051	0.0061
February	0.0065	0.0062	0.0064
March	0.0067	0.0063	0.0065
April	0.0070	0.0066	0.0068
May	0.0070	0.0066	0.0068
June	0.0076	0.0070	0.0074
July	0.0079	0.0074	0.0076
August	0.0079	0.0074	0.0076
September	0.0079	0.0075	0.0077
October	0.0076	0.0071	0.0073
November	0.0078	0.0075	0.0077
December	0.0080	0.0076	0.0078