2023 COP to PKR Historical Review

YEARLY HIGH

0.0765 PKR

YEARLY LOW

0.0457 PKR

YEARLY AVERAGE

0.0651 PKR

2023 COP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0765. Conversely, the yearly low was recorded on January 5, dropping to 0.0457.

This high-to-low spread represents a total annual volatility of 0.0308 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0497 to the December average rate of 0.0713, the exchange rate registered a net change of 43.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0765 was up 37.09% compared to the 2022 peak of 0.0558, 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 382,431 PKR

2022 Average 240,510 PKR

Yearly Trough Low 228,387 PKR

Transaction Impact: A difference of 154,043.06 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0767

0.0472

JanuMarcMayJulySeptNove

COP to PKR 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 0.0596, compared to 0.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.0596

H2 Avg (Jul–Dec) 0.0706

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0124 PKR (High: 0.0581 / Low: 0.0457). On the other end, December was the most stable month, with a tight range of 0.0033 PKR (High: 0.0734 / Low: 0.0701).

January Spread (Volatile) ±0.0124

December Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0080 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0743) against the same month in 2022 (average: 0.0520), the exchange rate shifted by +0.0223 (+42.94%).

2023 Avg (September) 0.0743

2022 Avg (September) 0.0520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0581	0.0457	0.0497
February	0.0584	0.0526	0.0554
March	0.0616	0.0539	0.0589
April	0.0648	0.0605	0.0626
May	0.0650	0.0605	0.0629
June	0.0703	0.0644	0.0682
July	0.0729	0.0649	0.0693
August	0.0746	0.0685	0.0721
September	0.0765	0.0702	0.0743
October	0.0708	0.0641	0.0662
November	0.0727	0.0683	0.0705
December	0.0734	0.0701	0.0713