YEARLY HIGH
0.2344 KPW
YEARLY LOW
0.1810 KPW
YEARLY AVERAGE
0.2092 KPW

2023 COP to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2344. Conversely, the yearly low was recorded on February 22, dropping to 0.1810.

This high-to-low spread represents a total annual volatility of 0.0534 KPW. From a start-to-finish perspective, comparing the January average rate of 0.1911 to the December average rate of 0.2275, the exchange rate registered a net change of 19.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2344 was down 2.95% compared to the 2022 peak of 0.2415, 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 1,172,066 KPW
2022 Average 1,065,472 KPW
Yearly Trough Low 904,936 KPW
Transaction Impact: A difference of 267,129.97 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2315
0.1838
JanuMarcMayJulySeptNove

COP to KPW 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 0.1965, compared to 0.2219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 0.1965
H2 Avg (Jul–Dec) 0.2219

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0197 KPW (High: 0.2007 / Low: 0.1810). On the other end, November was the most stable month, with a tight range of 0.0081 KPW (High: 0.2274 / Low: 0.2192).

January Spread (Volatile) ±0.0197
November Spread (Stable) ±0.0081

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 0.0112 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2275) against the same month in 2022 (average: 0.1879), the exchange rate shifted by +0.0396 (+21.05%).

2023 Avg (December) 0.2275
2022 Avg (December) 0.1879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2007 0.1810 0.1911
February 0.1948 0.1810 0.1877
March 0.1953 0.1848 0.1892
April 0.2049 0.1925 0.1985
May 0.2050 0.1921 0.1983
June 0.2209 0.2033 0.2143
July 0.2290 0.2143 0.2215
August 0.2299 0.2169 0.2210
September 0.2306 0.2191 0.2245
October 0.2206 0.2072 0.2133
November 0.2274 0.2192 0.2233
December 0.2344 0.2233 0.2275