2023 COP to NZD Historical Review

YEARLY HIGH

0.0004 NZD

YEARLY LOW

0.0003 NZD

YEARLY AVERAGE

0.0004 NZD

2023 COP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.0004. Conversely, the yearly low was recorded on January 8, dropping to 0.0003.

This high-to-low spread represents a total annual volatility of 0.0001 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0003 to the December average rate of 0.0004, the exchange rate registered a net change of 22.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0004 was up 5.49% compared to the 2022 peak of 0.0004, 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 2,161 NZD

2022 Average 1,861 NZD

Yearly Trough Low 1,608 NZD

Transaction Impact: A difference of 553.39 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0004

0.0003

JanuMarcMayJulySeptNove

COP to NZD 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 0.0004, compared to 0.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0004

H2 Avg (Jul–Dec) 0.0004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0000 NZD (High: 0.0004 / Low: 0.0003). On the other end, December was the most stable month, with a tight range of 0.0000 NZD (High: 0.0004 / Low: 0.0004).

May Spread (Volatile) ±0.0000

December Spread (Stable) ±0.0000

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 September and October, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0004) against the same month in 2022 (average: 0.0004), the exchange rate shifted by +0.0000 (+10.84%).

2023 Avg (September) 0.0004

2022 Avg (September) 0.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0003	0.0003	0.0003
February	0.0003	0.0003	0.0003
March	0.0003	0.0003	0.0003
April	0.0004	0.0003	0.0004
May	0.0004	0.0003	0.0004
June	0.0004	0.0004	0.0004
July	0.0004	0.0004	0.0004
August	0.0004	0.0004	0.0004
September	0.0004	0.0004	0.0004
October	0.0004	0.0004	0.0004
November	0.0004	0.0004	0.0004
December	0.0004	0.0004	0.0004