YEARLY HIGH
0.1565 SDG
YEARLY LOW
0.1153 SDG
YEARLY AVERAGE
0.1387 SDG

2023 COP to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1565. Conversely, the yearly low was recorded on January 5, dropping to 0.1153.

This high-to-low spread represents a total annual volatility of 0.0412 SDG. From a start-to-finish perspective, comparing the January average rate of 0.1225 to the December average rate of 0.1519, the exchange rate registered a net change of 24.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1565 was up 14.31% compared to the 2022 peak of 0.1369, 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 782,680 SDG
2022 Average 585,510 SDG
Yearly Trough Low 576,688 SDG
Transaction Impact: A difference of 205,992.09 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1549
0.1192
JanuMarcMayJulySeptNove

COP to SDG 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 0.1293, compared to 0.1481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.1293
H2 Avg (Jul–Dec) 0.1481

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0180 SDG (High: 0.1517 / Low: 0.1337). On the other end, December was the most stable month, with a tight range of 0.0074 SDG (High: 0.1565 / Low: 0.1491).

November Spread (Volatile) ±0.0180
December Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0076 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1519) against the same month in 2022 (average: 0.1192), the exchange rate shifted by +0.0327 (+27.48%).

2023 Avg (December) 0.1519
2022 Avg (December) 0.1192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1286 0.1153 0.1225
February 0.1263 0.1181 0.1222
March 0.1289 0.1186 0.1240
April 0.1365 0.1277 0.1319
May 0.1369 0.1278 0.1322
June 0.1476 0.1357 0.1432
July 0.1531 0.1430 0.1479
August 0.1536 0.1450 0.1477
September 0.1540 0.1465 0.1500
October 0.1474 0.1385 0.1424
November 0.1517 0.1337 0.1485
December 0.1565 0.1491 0.1519