2023 COP to IRR Historical Review

YEARLY HIGH

10.9471 IRR

YEARLY LOW

8.4266 IRR

YEARLY AVERAGE

9.8142 IRR

2023 COP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 10.9471. Conversely, the yearly low was recorded on January 5, dropping to 8.4266.

This high-to-low spread represents a total annual volatility of 2.5205 IRR. From a start-to-finish perspective, comparing the January average rate of 8.9044 to the December average rate of 10.6738, the exchange rate registered a net change of 19.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.9471 was down 3.68% compared to the 2022 peak of 11.3657, 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 54,735,495 IRR

2022 Average 50,043,991 IRR

Yearly Trough Low 42,132,895 IRR

Transaction Impact: A difference of 12,602,599.80 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8605

8.6204

JanuMarcMayJulySeptNove

COP to IRR 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 9.2126, compared to 10.4157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2030 points.

H1 Avg (Jan–Jun) 9.2126

H2 Avg (Jul–Dec) 10.4157

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.9833 IRR (High: 9.4098 / Low: 8.4266). On the other end, November was the most stable month, with a tight range of 0.3876 IRR (High: 10.6730 / Low: 10.2855).

January Spread (Volatile) ±0.9833

November Spread (Stable) ±0.3876

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 September and October, when the average rate fell by 0.5283 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10.6738) against the same month in 2022 (average: 8.7112), the exchange rate shifted by +1.9626 (+22.53%).

2023 Avg (December) 10.6738

2022 Avg (December) 8.7112

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4098	8.4266	8.9044
February	9.1361	8.4865	8.8071
March	9.1684	8.6795	8.8633
April	9.6200	9.0432	9.3224
May	9.6355	9.0185	9.3120
June	10.3750	9.5532	10.0666
July	10.7637	10.0660	10.3968
August	10.8066	10.1974	10.3840
September	10.8275	10.2872	10.5411
October	10.3529	9.7226	10.0129
November	10.6730	10.2855	10.4854
December	10.9471	10.4892	10.6738