YEARLY HIGH
0.0252 RUB
YEARLY LOW
0.0141 RUB
YEARLY AVERAGE
0.0200 RUB

2023 COP to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0252. Conversely, the yearly low was recorded on January 15, dropping to 0.0141.

This high-to-low spread represents a total annual volatility of 0.0111 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0230, the exchange rate registered a net change of 54.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0252 was down 32.27% compared to the 2022 peak of 0.0373, 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 126,209 RUB
2022 Average 83,634 RUB
Yearly Trough Low 70,487 RUB
Transaction Impact: A difference of 55,722.24 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0251
0.0139
JanuMarcMayJulySeptNove

COP to RUB 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 0.0169, compared to 0.0231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0169
H2 Avg (Jul–Dec) 0.0231

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0031 RUB (High: 0.0214 / Low: 0.0183). On the other end, February was the most stable month, with a tight range of 0.0008 RUB (High: 0.0157 / Low: 0.0149).

June Spread (Volatile) ±0.0031
February Spread (Stable) ±0.0008

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 0.0011 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0235) against the same month in 2022 (average: 0.0140), the exchange rate shifted by +0.0095 (+67.65%).

2023 Avg (August) 0.0235
2022 Avg (August) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0156 0.0141 0.0149
February 0.0157 0.0149 0.0153
March 0.0168 0.0155 0.0161
April 0.0186 0.0167 0.0179
May 0.0185 0.0167 0.0174
June 0.0214 0.0183 0.0199
July 0.0234 0.0211 0.0223
August 0.0252 0.0227 0.0235
September 0.0248 0.0235 0.0241
October 0.0241 0.0220 0.0230
November 0.0233 0.0217 0.0225
December 0.0239 0.0224 0.0230