YEARLY HIGH
0.0381 JPY
YEARLY LOW
0.0268 JPY
YEARLY AVERAGE
0.0327 JPY

2023 COP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.0381. Conversely, the yearly low was recorded on January 5, dropping to 0.0268.

This high-to-low spread represents a total annual volatility of 0.0113 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0276 to the December average rate of 0.0363, the exchange rate registered a net change of 31.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0381 was up 7.41% compared to the 2022 peak of 0.0355, 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 190,636 JPY
2022 Average 154,781 JPY
Yearly Trough Low 134,063 JPY
Transaction Impact: A difference of 56,572.96 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0381
0.0267
JanuMarcMayJulySeptNove

COP to JPY 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 0.0295, compared to 0.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.0295
H2 Avg (Jul–Dec) 0.0360

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0039 JPY (High: 0.0353 / Low: 0.0313). On the other end, February was the most stable month, with a tight range of 0.0014 JPY (High: 0.0286 / Low: 0.0271).

June Spread (Volatile) ±0.0039
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0372) against the same month in 2022 (average: 0.0288), the exchange rate shifted by +0.0083 (+28.93%).

2023 Avg (November) 0.0372
2022 Avg (November) 0.0288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0288 0.0268 0.0276
February 0.0286 0.0271 0.0278
March 0.0289 0.0272 0.0281
April 0.0305 0.0284 0.0295
May 0.0317 0.0287 0.0302
June 0.0353 0.0313 0.0337
July 0.0362 0.0334 0.0347
August 0.0366 0.0342 0.0356
September 0.0379 0.0356 0.0369
October 0.0369 0.0343 0.0354
November 0.0381 0.0363 0.0372
December 0.0370 0.0356 0.0363