YEARLY HIGH
0.1181 KMF
YEARLY LOW
0.0931 KMF
YEARLY AVERAGE
0.1059 KMF

2023 COP to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.1181. Conversely, the yearly low was recorded on February 22, dropping to 0.0931.

This high-to-low spread represents a total annual volatility of 0.0251 KMF. From a start-to-finish perspective, comparing the January average rate of 0.0970 to the December average rate of 0.1140, the exchange rate registered a net change of 17.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1181 was down 3.68% compared to the 2022 peak of 0.1226, 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 590,675 KMF
2022 Average 551,829 KMF
Yearly Trough Low 465,389 KMF
Transaction Impact: A difference of 125,286.26 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1169
0.0941
JanuMarcMayJulySeptNove

COP to KMF 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 0.0995, compared to 0.1122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.0995
H2 Avg (Jul–Dec) 0.1122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0099 KMF (High: 0.1051 / Low: 0.0952). On the other end, December was the most stable month, with a tight range of 0.0040 KMF (High: 0.1157 / Low: 0.1117).

May Spread (Volatile) ±0.0099
December Spread (Stable) ±0.0040

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 0.0045 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1150) against the same month in 2022 (average: 0.1120), the exchange rate shifted by +0.0030 (+2.71%).

2023 Avg (September) 0.1150
2022 Avg (September) 0.1120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1006 0.0941 0.0970
February 0.0981 0.0931 0.0960
March 0.0989 0.0947 0.0968
April 0.1014 0.0962 0.0990
May 0.1051 0.0952 0.0999
June 0.1110 0.1038 0.1083
July 0.1139 0.1069 0.1096
August 0.1145 0.1084 0.1109
September 0.1181 0.1112 0.1150
October 0.1144 0.1076 0.1105
November 0.1171 0.1102 0.1132
December 0.1157 0.1117 0.1140