2023 COP to RSD Historical Review

YEARLY HIGH

0.0281 RSD

YEARLY LOW

0.0222 RSD

YEARLY AVERAGE

0.0252 RSD

2023 COP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0281. Conversely, the yearly low was recorded on February 22, dropping to 0.0222.

This high-to-low spread represents a total annual volatility of 0.0059 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0231 to the December average rate of 0.0271, the exchange rate registered a net change of 17.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0281 was down 3.68% compared to the 2022 peak of 0.0292, 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 140,676 RSD

2022 Average 131,872 RSD

Yearly Trough Low 111,206 RSD

Transaction Impact: A difference of 29,470.21 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0279

0.0224

JanuMarcMayJulySeptNove

COP to RSD 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 0.0237, compared to 0.0267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0237

H2 Avg (Jul–Dec) 0.0267

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0023 RSD (High: 0.0250 / Low: 0.0226). On the other end, December was the most stable month, with a tight range of 0.0007 RSD (High: 0.0275 / Low: 0.0268).

May Spread (Volatile) ±0.0023

December Spread (Stable) ±0.0007

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 0.0011 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0274) against the same month in 2022 (average: 0.0267), the exchange rate shifted by +0.0007 (+2.71%).

2023 Avg (September) 0.0274

2022 Avg (September) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0240	0.0224	0.0231
February	0.0235	0.0222	0.0229
March	0.0234	0.0226	0.0230
April	0.0243	0.0228	0.0236
May	0.0250	0.0226	0.0238
June	0.0264	0.0246	0.0257
July	0.0271	0.0254	0.0261
August	0.0272	0.0257	0.0264
September	0.0281	0.0265	0.0274
October	0.0273	0.0255	0.0263
November	0.0276	0.0263	0.0269
December	0.0275	0.0268	0.0271