2023 COP to MVR Historical Review

YEARLY HIGH

0.0040 MVR

YEARLY LOW

0.0031 MVR

YEARLY AVERAGE

0.0036 MVR

2023 COP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0040. Conversely, the yearly low was recorded on February 22, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0009 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0039, the exchange rate registered a net change of 18.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0040 was down 3.51% compared to the 2022 peak of 0.0041, 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 20,016 MVR

2022 Average 18,260 MVR

Yearly Trough Low 15,434 MVR

Transaction Impact: A difference of 4,582.10 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0040

0.0031

JanuMarcMayJulySeptNove

COP to MVR 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 0.0034, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0034

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 MVR (High: 0.0034 / Low: 0.0031). On the other end, November was the most stable month, with a tight range of 0.0001 MVR (High: 0.0039 / Low: 0.0037).

January Spread (Volatile) ±0.0003

November Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0039) against the same month in 2022 (average: 0.0032), the exchange rate shifted by +0.0007 (+21.06%).

2023 Avg (December) 0.0039

2022 Avg (December) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0034	0.0031	0.0033
February	0.0033	0.0031	0.0032
March	0.0033	0.0032	0.0032
April	0.0035	0.0033	0.0034
May	0.0035	0.0033	0.0034
June	0.0038	0.0035	0.0037
July	0.0039	0.0037	0.0038
August	0.0039	0.0037	0.0038
September	0.0039	0.0037	0.0038
October	0.0038	0.0035	0.0036
November	0.0039	0.0037	0.0038
December	0.0040	0.0038	0.0039