YEARLY HIGH
0.0232 KGS
YEARLY LOW
0.0169 KGS
YEARLY AVERAGE
0.0204 KGS

2023 COP to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0232. Conversely, the yearly low was recorded on January 5, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0063 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0182 to the December average rate of 0.0225, the exchange rate registered a net change of 23.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0232 was down 14.59% compared to the 2022 peak of 0.0271, 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 115,941 KGS
2022 Average 99,954 KGS
Yearly Trough Low 84,541 KGS
Transaction Impact: A difference of 31,400.91 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0230
0.0177
JanuMarcMayJulySeptNove

COP to KGS 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 0.0190, compared to 0.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0190
H2 Avg (Jul–Dec) 0.0218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0023 KGS (High: 0.0192 / Low: 0.0169). On the other end, November was the most stable month, with a tight range of 0.0008 KGS (High: 0.0225 / Low: 0.0218).

January Spread (Volatile) ±0.0023
November Spread (Stable) ±0.0008

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 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0225) against the same month in 2022 (average: 0.0178), the exchange rate shifted by +0.0047 (+26.71%).

2023 Avg (December) 0.0225
2022 Avg (December) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0192 0.0169 0.0182
February 0.0186 0.0176 0.0181
March 0.0190 0.0179 0.0184
April 0.0199 0.0187 0.0193
May 0.0200 0.0187 0.0193
June 0.0214 0.0198 0.0208
July 0.0223 0.0209 0.0216
August 0.0224 0.0212 0.0216
September 0.0227 0.0215 0.0221
October 0.0218 0.0205 0.0211
November 0.0225 0.0218 0.0221
December 0.0232 0.0222 0.0225