2023 COP to LKR Historical Review

YEARLY HIGH

0.0846 LKR

YEARLY LOW

0.0659 LKR

YEARLY AVERAGE

0.0762 LKR

2023 COP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0846. Conversely, the yearly low was recorded on June 2, dropping to 0.0659.

This high-to-low spread represents a total annual volatility of 0.0187 LKR. From a start-to-finish perspective, comparing the January average rate of 0.0776 to the December average rate of 0.0826, the exchange rate registered a net change of 6.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0846 was down 11.65% compared to the 2022 peak of 0.0957, 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 422,885 LKR

2022 Average 380,039 LKR

Yearly Trough Low 329,280 LKR

Transaction Impact: A difference of 93,604.55 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0840

0.0668

JanuMarcMayJulySeptNove

COP to LKR 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 0.0726, compared to 0.0799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.0726

H2 Avg (Jul–Dec) 0.0799

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0109 LKR (High: 0.0768 / Low: 0.0659). On the other end, December was the most stable month, with a tight range of 0.0032 LKR (High: 0.0846 / Low: 0.0814).

June Spread (Volatile) ±0.0109

December Spread (Stable) ±0.0032

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 February and March, when the average rate fell by 0.0059 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0826) against the same month in 2022 (average: 0.0766), the exchange rate shifted by +0.0060 (+7.84%).

2023 Avg (December) 0.0826

2022 Avg (December) 0.0766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0812	0.0735	0.0776
February	0.0796	0.0734	0.0762
March	0.0766	0.0667	0.0703
April	0.0736	0.0681	0.0710
May	0.0707	0.0662	0.0682
June	0.0768	0.0659	0.0721
July	0.0841	0.0733	0.0786
August	0.0815	0.0769	0.0790
September	0.0832	0.0779	0.0806
October	0.0800	0.0743	0.0770
November	0.0832	0.0798	0.0813
December	0.0846	0.0814	0.0826