YEARLY HIGH
0.0354 HTG
YEARLY LOW
0.0297 HTG
YEARLY AVERAGE
0.0328 HTG

2023 COP to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0354. Conversely, the yearly low was recorded on January 5, dropping to 0.0297.

This high-to-low spread represents a total annual volatility of 0.0058 HTG. From a start-to-finish perspective, comparing the January average rate of 0.0315 to the December average rate of 0.0334, the exchange rate registered a net change of 6.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0354 was up 14.46% compared to the 2022 peak of 0.0310, 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 177,159 HTG
2022 Average 137,906 HTG
Yearly Trough Low 148,396 HTG
Transaction Impact: A difference of 28,763.59 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0345
0.0310
JanuMarcMayJulySeptNove

COP to HTG 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 0.0324, compared to 0.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0324
H2 Avg (Jul–Dec) 0.0332

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0035 HTG (High: 0.0332 / Low: 0.0297). On the other end, November was the most stable month, with a tight range of 0.0012 HTG (High: 0.0335 / Low: 0.0323).

January Spread (Volatile) ±0.0035
November Spread (Stable) ±0.0012

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 April and May, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0342) against the same month in 2022 (average: 0.0285), the exchange rate shifted by +0.0057 (+19.87%).

2023 Avg (April) 0.0342
2022 Avg (April) 0.0285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0332 0.0297 0.0315
February 0.0326 0.0300 0.0313
March 0.0336 0.0310 0.0323
April 0.0354 0.0328 0.0342
May 0.0333 0.0314 0.0320
June 0.0340 0.0315 0.0332
July 0.0350 0.0326 0.0339
August 0.0349 0.0327 0.0334
September 0.0346 0.0330 0.0337
October 0.0333 0.0308 0.0317
November 0.0335 0.0323 0.0329
December 0.0344 0.0328 0.0334