2023 COP to LRD Historical Review

YEARLY HIGH

0.0491 LRD

YEARLY LOW

0.0311 LRD

YEARLY AVERAGE

0.0408 LRD

2023 COP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0491. Conversely, the yearly low was recorded on January 5, dropping to 0.0311.

This high-to-low spread represents a total annual volatility of 0.0180 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0330 to the December average rate of 0.0476, the exchange rate registered a net change of 44.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0491 was up 19.08% compared to the 2022 peak of 0.0412, 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 245,418 LRD

2022 Average 180,906 LRD

Yearly Trough Low 155,359 LRD

Transaction Impact: A difference of 90,058.96 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0491

0.0311

JanuMarcMayJulySeptNove

COP to LRD 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 0.0356, compared to 0.0460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.0356

H2 Avg (Jul–Dec) 0.0460

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0054 LRD (High: 0.0436 / Low: 0.0382). On the other end, November was the most stable month, with a tight range of 0.0018 LRD (High: 0.0475 / Low: 0.0457).

June Spread (Volatile) ±0.0054

November Spread (Stable) ±0.0018

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 0.0022 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0476) against the same month in 2022 (average: 0.0322), the exchange rate shifted by +0.0154 (+47.76%).

2023 Avg (December) 0.0476

2022 Avg (December) 0.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0349	0.0311	0.0330
February	0.0340	0.0313	0.0326
March	0.0352	0.0321	0.0335
April	0.0371	0.0347	0.0360
May	0.0385	0.0353	0.0368
June	0.0436	0.0382	0.0416
July	0.0474	0.0432	0.0452
August	0.0476	0.0450	0.0458
September	0.0478	0.0453	0.0465
October	0.0459	0.0429	0.0443
November	0.0475	0.0457	0.0466
December	0.0491	0.0467	0.0476