2023 COP to KRW Historical Review

YEARLY HIGH

0.3424 KRW

YEARLY LOW

0.2556 KRW

YEARLY AVERAGE

0.3037 KRW

2023 COP to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.3424. Conversely, the yearly low was recorded on January 9, dropping to 0.2556.

This high-to-low spread represents a total annual volatility of 0.0869 KRW. From a start-to-finish perspective, comparing the January average rate of 0.2638 to the December average rate of 0.3289, the exchange rate registered a net change of 24.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3424 was up 2.20% compared to the 2022 peak of 0.3351, 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 1,712,185 KRW

2022 Average 1,523,407 KRW

Yearly Trough Low 1,277,853 KRW

Transaction Impact: A difference of 434,332.91 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3397

0.2569

JanuMarcMayJulySeptNove

COP to KRW 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 0.2829, compared to 0.3245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0416 points.

H1 Avg (Jan–Jun) 0.2829

H2 Avg (Jul–Dec) 0.3245

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0257 KRW (High: 0.3212 / Low: 0.2955). On the other end, November was the most stable month, with a tight range of 0.0136 KRW (High: 0.3291 / Low: 0.3155).

June Spread (Volatile) ±0.0257

November Spread (Stable) ±0.0136

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 0.0128 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.3328) against the same month in 2022 (average: 0.3141), the exchange rate shifted by +0.0186 (+5.93%).

2023 Avg (September) 0.3328

2022 Avg (September) 0.3141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2749	0.2556	0.2638
February	0.2768	0.2614	0.2669
March	0.2814	0.2673	0.2743
April	0.2996	0.2795	0.2915
May	0.3012	0.2839	0.2925
June	0.3212	0.2955	0.3085
July	0.3253	0.3077	0.3162
August	0.3359	0.3143	0.3251
September	0.3424	0.3210	0.3328
October	0.3316	0.3095	0.3200
November	0.3291	0.3155	0.3242
December	0.3375	0.3219	0.3289