YEARLY HIGH
0.1218 KZT
YEARLY LOW
0.0897 KZT
YEARLY AVERAGE
0.1061 KZT

2023 COP to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.1218. Conversely, the yearly low was recorded on March 5, dropping to 0.0897.

This high-to-low spread represents a total annual volatility of 0.0321 KZT. From a start-to-finish perspective, comparing the January average rate of 0.0982 to the December average rate of 0.1161, the exchange rate registered a net change of 18.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1218 was down 10.96% compared to the 2022 peak of 0.1368, 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 609,020 KZT
2022 Average 545,989 KZT
Yearly Trough Low 448,299 KZT
Transaction Impact: A difference of 160,720.80 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1192
0.0919
JanuMarcMayJulySeptNove

COP to KZT 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 0.0987, compared to 0.1136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.0987
H2 Avg (Jul–Dec) 0.1136

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0104 KZT (High: 0.1218 / Low: 0.1114). On the other end, December was the most stable month, with a tight range of 0.0044 KZT (High: 0.1188 / Low: 0.1144).

September Spread (Volatile) ±0.0104
December Spread (Stable) ±0.0044

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 0.0040 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1169) against the same month in 2022 (average: 0.1071), the exchange rate shifted by +0.0098 (+9.18%).

2023 Avg (September) 0.1169
2022 Avg (September) 0.1071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1029 0.0936 0.0982
February 0.0999 0.0903 0.0942
March 0.0979 0.0897 0.0949
April 0.1028 0.0961 0.0996
May 0.1020 0.0952 0.0983
June 0.1101 0.1013 0.1068
July 0.1133 0.1053 0.1095
August 0.1136 0.1067 0.1113
September 0.1218 0.1114 0.1169
October 0.1174 0.1094 0.1129
November 0.1172 0.1122 0.1149
December 0.1188 0.1144 0.1161