2023 COP to GMD Historical Review

YEARLY HIGH

0.0175 GMD

YEARLY LOW

0.0123 GMD

YEARLY AVERAGE

0.0145 GMD

2023 COP to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0175. Conversely, the yearly low was recorded on February 22, dropping to 0.0123.

This high-to-low spread represents a total annual volatility of 0.0053 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0132 to the December average rate of 0.0170, the exchange rate registered a net change of 29.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0175 was up 20.56% compared to the 2022 peak of 0.0146, 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 87,742 GMD

2022 Average 65,333 GMD

Yearly Trough Low 61,435 GMD

Transaction Impact: A difference of 26,307.06 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0175

0.0123

JanuMarcMayJulySeptNove

COP to GMD 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 0.0133, compared to 0.0157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0133

H2 Avg (Jul–Dec) 0.0157

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0016 GMD (High: 0.0163 / Low: 0.0148). On the other end, May was the most stable month, with a tight range of 0.0008 GMD (High: 0.0136 / Low: 0.0128).

September Spread (Volatile) ±0.0016

May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and December, 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 April and May, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0170) against the same month in 2022 (average: 0.0130), the exchange rate shifted by +0.0041 (+31.36%).

2023 Avg (December) 0.0170

2022 Avg (December) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0138	0.0125	0.0132
February	0.0133	0.0123	0.0127
March	0.0135	0.0126	0.0129
April	0.0142	0.0129	0.0136
May	0.0136	0.0128	0.0132
June	0.0146	0.0135	0.0142
July	0.0153	0.0142	0.0147
August	0.0154	0.0146	0.0149
September	0.0163	0.0148	0.0154
October	0.0161	0.0151	0.0155
November	0.0170	0.0158	0.0166
December	0.0175	0.0167	0.0170