2023 COP to INR Historical Review

YEARLY HIGH

0.0217 INR

YEARLY LOW

0.0166 INR

YEARLY AVERAGE

0.0192 INR

2023 COP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0217. Conversely, the yearly low was recorded on January 5, dropping to 0.0166.

This high-to-low spread represents a total annual volatility of 0.0051 INR. From a start-to-finish perspective, comparing the January average rate of 0.0174 to the December average rate of 0.0210, the exchange rate registered a net change of 21.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0217 was up 5.50% compared to the 2022 peak of 0.0206, 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 108,440 INR

2022 Average 92,804 INR

Yearly Trough Low 83,105 INR

Transaction Impact: A difference of 25,335.34 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0214

0.0169

JanuMarcMayJulySeptNove

COP to INR 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 0.0179, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0179

H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0016 INR (High: 0.0182 / Low: 0.0166). On the other end, November was the most stable month, with a tight range of 0.0008 INR (High: 0.0211 / Low: 0.0203).

January Spread (Volatile) ±0.0016

November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and September, 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 September and October, when the average rate fell by 0.0010 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0210) against the same month in 2022 (average: 0.0172), the exchange rate shifted by +0.0038 (+22.22%).

2023 Avg (December) 0.0210

2022 Avg (December) 0.0172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0182	0.0166	0.0174
February	0.0178	0.0167	0.0172
March	0.0178	0.0170	0.0173
April	0.0186	0.0176	0.0181
May	0.0188	0.0175	0.0181
June	0.0201	0.0186	0.0196
July	0.0209	0.0196	0.0202
August	0.0210	0.0199	0.0203
September	0.0213	0.0201	0.0207
October	0.0204	0.0191	0.0197
November	0.0211	0.0203	0.0207
December	0.0217	0.0207	0.0210