2023 COP to HUF Historical Review

YEARLY HIGH

0.0929 HUF

YEARLY LOW

0.0720 HUF

YEARLY AVERAGE

0.0820 HUF

2023 COP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0929. Conversely, the yearly low was recorded on March 1, dropping to 0.0720.

This high-to-low spread represents a total annual volatility of 0.0209 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0777 to the December average rate of 0.0883, the exchange rate registered a net change of 13.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0929 was down 5.53% compared to the 2022 peak of 0.0983, 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 464,434 HUF

2022 Average 438,619 HUF

Yearly Trough Low 359,966 HUF

Transaction Impact: A difference of 104,467.95 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0919

0.0734

JanuMarcMayJulySeptNove

COP to HUF 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 0.0768, compared to 0.0872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.0768

H2 Avg (Jul–Dec) 0.0872

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0088 HUF (High: 0.0896 / Low: 0.0809). On the other end, December was the most stable month, with a tight range of 0.0033 HUF (High: 0.0898 / Low: 0.0866).

July Spread (Volatile) ±0.0088

December Spread (Stable) ±0.0033

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 0.0039 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0903) against the same month in 2022 (average: 0.0920), the exchange rate shifted by -0.0016 (-1.79%).

2023 Avg (September) 0.0903

2022 Avg (September) 0.0920

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0793	0.0757	0.0777
February	0.0780	0.0723	0.0750
March	0.0790	0.0720	0.0756
April	0.0774	0.0729	0.0756
May	0.0790	0.0724	0.0755
June	0.0834	0.0779	0.0814
July	0.0896	0.0809	0.0844
August	0.0902	0.0851	0.0867
September	0.0929	0.0868	0.0903
October	0.0905	0.0843	0.0865
November	0.0891	0.0850	0.0869
December	0.0898	0.0866	0.0883