2023 COP to HNL Historical Review

YEARLY HIGH

0.0064 HNL

YEARLY LOW

0.0050 HNL

YEARLY AVERAGE

0.0057 HNL

2023 COP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0064. Conversely, the yearly low was recorded on February 22, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0015 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0052 to the December average rate of 0.0062, the exchange rate registered a net change of 19.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0064 was down 2.38% compared to the 2022 peak of 0.0066, 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 32,180 HNL

2022 Average 29,122 HNL

Yearly Trough Low 24,784 HNL

Transaction Impact: A difference of 7,395.74 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0064

0.0050

JanuMarcMayJulySeptNove

COP to HNL 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 0.0054, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0054

H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 HNL (High: 0.0055 / Low: 0.0050). On the other end, November was the most stable month, with a tight range of 0.0002 HNL (High: 0.0063 / Low: 0.0060).

January Spread (Volatile) ±0.0005

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0062) against the same month in 2022 (average: 0.0052), the exchange rate shifted by +0.0011 (+21.13%).

2023 Avg (December) 0.0062

2022 Avg (December) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0055	0.0050	0.0052
February	0.0054	0.0050	0.0051
March	0.0053	0.0051	0.0052
April	0.0056	0.0052	0.0054
May	0.0056	0.0053	0.0054
June	0.0061	0.0056	0.0059
July	0.0063	0.0058	0.0061
August	0.0063	0.0059	0.0060
September	0.0063	0.0060	0.0062
October	0.0061	0.0057	0.0059
November	0.0063	0.0060	0.0061
December	0.0064	0.0061	0.0062