2023 COP to MXN Historical Review

YEARLY HIGH

0.0044 MXN

YEARLY LOW

0.0037 MXN

YEARLY AVERAGE

0.0041 MXN

2023 COP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 0.0044. Conversely, the yearly low was recorded on February 22, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0007 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0043, the exchange rate registered a net change of 7.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0044 was down 21.20% compared to the 2022 peak of 0.0056, 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 22,090 MXN

2022 Average 23,825 MXN

Yearly Trough Low 18,470 MXN

Transaction Impact: A difference of 3,620.72 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0044

0.0038

JanuMarcMayJulySeptNove

COP to MXN 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 0.0040, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0040

H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0004 MXN (High: 0.0041 / Low: 0.0037). On the other end, December was the most stable month, with a tight range of 0.0001 MXN (High: 0.0044 / Low: 0.0043).

February Spread (Volatile) ±0.0004

December Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0043) against the same month in 2022 (average: 0.0043), the exchange rate shifted by +0.0000 (+0.75%).

2023 Avg (October) 0.0043

2022 Avg (October) 0.0043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0042	0.0039	0.0040
February	0.0041	0.0037	0.0039
March	0.0040	0.0037	0.0039
April	0.0041	0.0039	0.0040
May	0.0040	0.0038	0.0039
June	0.0042	0.0040	0.0041
July	0.0043	0.0041	0.0042
August	0.0043	0.0041	0.0042
September	0.0044	0.0042	0.0043
October	0.0044	0.0042	0.0043
November	0.0044	0.0042	0.0043
December	0.0044	0.0043	0.0043