2023 COP to PHP Historical Review

YEARLY HIGH

0.0145 PHP

YEARLY LOW

0.0111 PHP

YEARLY AVERAGE

0.0129 PHP

2023 COP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0145. Conversely, the yearly low was recorded on February 22, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0035 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0117 to the December average rate of 0.0140, the exchange rate registered a net change of 20.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0145 was up 3.47% compared to the 2022 peak of 0.0141, 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 72,727 PHP

2022 Average 64,297 PHP

Yearly Trough Low 55,443 PHP

Transaction Impact: A difference of 17,284.41 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0144

0.0112

JanuMarcMayJulySeptNove

COP to PHP 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 0.0121, compared to 0.0138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0121

H2 Avg (Jul–Dec) 0.0138

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0011 PHP (High: 0.0127 / Low: 0.0116). On the other end, March was the most stable month, with a tight range of 0.0006 PHP (High: 0.0118 / Low: 0.0112).

April Spread (Volatile) ±0.0011

March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0142) against the same month in 2022 (average: 0.0130), the exchange rate shifted by +0.0012 (+9.04%).

2023 Avg (September) 0.0142

2022 Avg (September) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0122	0.0112	0.0117
February	0.0117	0.0111	0.0114
March	0.0118	0.0112	0.0115
April	0.0127	0.0116	0.0122
May	0.0128	0.0118	0.0123
June	0.0137	0.0127	0.0133
July	0.0139	0.0132	0.0135
August	0.0143	0.0134	0.0138
September	0.0145	0.0138	0.0142
October	0.0139	0.0130	0.0135
November	0.0141	0.0135	0.0138
December	0.0145	0.0137	0.0140