2023 COP to KES Historical Review

YEARLY HIGH

0.0408 KES

YEARLY LOW

0.0249 KES

YEARLY AVERAGE

0.0326 KES

2023 COP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0408. Conversely, the yearly low was recorded on January 5, dropping to 0.0249.

This high-to-low spread represents a total annual volatility of 0.0159 KES. From a start-to-finish perspective, comparing the January average rate of 0.0263 to the December average rate of 0.0390, the exchange rate registered a net change of 48.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0408 was up 31.72% 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 203,931 KES

2022 Average 139,335 KES

Yearly Trough Low 124,287 KES

Transaction Impact: A difference of 79,643.58 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0403

0.0249

JanuMarcMayJulySeptNove

COP to KES 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 0.0288, compared to 0.0365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.0288

H2 Avg (Jul–Dec) 0.0365

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0033 KES (High: 0.0345 / Low: 0.0312). On the other end, February was the most stable month, with a tight range of 0.0017 KES (High: 0.0271 / Low: 0.0254).

June Spread (Volatile) ±0.0033

February Spread (Stable) ±0.0017

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 0.0012 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0390) against the same month in 2022 (average: 0.0257), the exchange rate shifted by +0.0134 (+51.98%).

2023 Avg (December) 0.0390

2022 Avg (December) 0.0257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0277	0.0249	0.0263
February	0.0271	0.0254	0.0262
March	0.0285	0.0262	0.0272
April	0.0306	0.0283	0.0296
May	0.0316	0.0290	0.0302
June	0.0345	0.0312	0.0332
July	0.0362	0.0332	0.0348
August	0.0364	0.0344	0.0353
September	0.0377	0.0355	0.0366
October	0.0368	0.0340	0.0354
November	0.0387	0.0366	0.0377
December	0.0408	0.0379	0.0390