2023 COP to MNT Historical Review

YEARLY HIGH

0.8986 MNT

YEARLY LOW

0.6851 MNT

YEARLY AVERAGE

0.8048 MNT

2023 COP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.8986. Conversely, the yearly low was recorded on February 22, dropping to 0.6851.

This high-to-low spread represents a total annual volatility of 0.2135 MNT. From a start-to-finish perspective, comparing the January average rate of 0.7234 to the December average rate of 0.8720, the exchange rate registered a net change of 20.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8986 was up 9.36% compared to the 2022 peak of 0.8216, 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 4,492,921 MNT

2022 Average 3,680,926 MNT

Yearly Trough Low 3,425,652 MNT

Transaction Impact: A difference of 1,067,269.01 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8881

0.6946

JanuMarcMayJulySeptNove

COP to MNT 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 0.7568, compared to 0.8529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0962 points.

H1 Avg (Jan–Jun) 0.7568

H2 Avg (Jul–Dec) 0.8529

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0745 MNT (High: 0.7597 / Low: 0.6852). On the other end, November was the most stable month, with a tight range of 0.0311 MNT (High: 0.8715 / Low: 0.8404).

January Spread (Volatile) ±0.0745

November Spread (Stable) ±0.0311

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 0.0431 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8720) against the same month in 2022 (average: 0.7114), the exchange rate shifted by +0.1606 (+22.58%).

2023 Avg (December) 0.8720

2022 Avg (December) 0.7114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7597	0.6852	0.7234
February	0.7375	0.6851	0.7107
March	0.7576	0.6995	0.7170
April	0.8012	0.7528	0.7763
May	0.8016	0.7511	0.7752
June	0.8636	0.7947	0.8380
July	0.8909	0.8379	0.8638
August	0.8811	0.8315	0.8473
September	0.8841	0.8400	0.8607
October	0.8456	0.7941	0.8176
November	0.8715	0.8404	0.8561
December	0.8986	0.8560	0.8720