2023 COP to MMK Historical Review

YEARLY HIGH

0.5483 MMK

YEARLY LOW

0.4222 MMK

YEARLY AVERAGE

0.4879 MMK

2023 COP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5483. Conversely, the yearly low was recorded on February 22, dropping to 0.4222.

This high-to-low spread represents a total annual volatility of 0.1261 MMK. From a start-to-finish perspective, comparing the January average rate of 0.4459 to the December average rate of 0.5313, the exchange rate registered a net change of 19.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5483 was up 8.32% compared to the 2022 peak of 0.5062, 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 2,741,700 MMK

2022 Average 2,271,201 MMK

Yearly Trough Low 2,110,993 MMK

Transaction Impact: A difference of 630,707.08 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5407

0.4288

JanuMarcMayJulySeptNove

COP to MMK 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 0.4583, compared to 0.5175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0592 points.

H1 Avg (Jan–Jun) 0.4583

H2 Avg (Jul–Dec) 0.5175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0457 MMK (High: 0.4682 / Low: 0.4226). On the other end, November was the most stable month, with a tight range of 0.0191 MMK (High: 0.5303 / Low: 0.5113).

January Spread (Volatile) ±0.0457

November Spread (Stable) ±0.0191

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 0.0265 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5313) against the same month in 2022 (average: 0.4386), the exchange rate shifted by +0.0927 (+21.14%).

2023 Avg (December) 0.5313

2022 Avg (December) 0.4386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4682	0.4226	0.4459
February	0.4562	0.4222	0.4381
March	0.4558	0.4305	0.4408
April	0.4785	0.4466	0.4628
May	0.4782	0.4476	0.4624
June	0.5154	0.4741	0.5000
July	0.5347	0.4961	0.5162
August	0.5366	0.5029	0.5158
September	0.5382	0.5114	0.5238
October	0.5158	0.4812	0.4973
November	0.5303	0.5113	0.5205
December	0.5483	0.5210	0.5313