2023 COP to SEK Historical Review

YEARLY HIGH

0.0029 SEK

YEARLY LOW

0.0021 SEK

YEARLY AVERAGE

0.0025 SEK

2023 COP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0029. Conversely, the yearly low was recorded on February 22, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0008 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0026, the exchange rate registered a net change of 17.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0029 was up 8.32% compared to the 2022 peak of 0.0026, 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 14,298 SEK

2022 Average 11,929 SEK

Yearly Trough Low 10,479 SEK

Transaction Impact: A difference of 3,818.85 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0028

0.0021

JanuMarcMayJulySeptNove

COP to SEK 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 0.0023, compared to 0.0026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0023

H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 SEK (High: 0.0025 / Low: 0.0022). On the other end, December was the most stable month, with a tight range of 0.0001 SEK (High: 0.0026 / Low: 0.0025).

May Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0028) against the same month in 2022 (average: 0.0024), the exchange rate shifted by +0.0003 (+12.96%).

2023 Avg (September) 0.0028

2022 Avg (September) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0023	0.0021	0.0022
February	0.0023	0.0021	0.0022
March	0.0023	0.0021	0.0022
April	0.0024	0.0022	0.0023
May	0.0025	0.0022	0.0023
June	0.0026	0.0024	0.0026
July	0.0027	0.0025	0.0026
August	0.0027	0.0026	0.0027
September	0.0029	0.0027	0.0028
October	0.0027	0.0025	0.0026
November	0.0028	0.0026	0.0026
December	0.0026	0.0025	0.0026