YEARLY HIGH
0.1488 SOS
YEARLY LOW
0.1143 SOS
YEARLY AVERAGE
0.1323 SOS

2023 COP to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1488. Conversely, the yearly low was recorded on February 22, dropping to 0.1143.

This high-to-low spread represents a total annual volatility of 0.0345 SOS. From a start-to-finish perspective, comparing the January average rate of 0.1207 to the December average rate of 0.1445, the exchange rate registered a net change of 19.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1488 was down 5.14% compared to the 2022 peak of 0.1569, 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 743,946 SOS
2022 Average 681,772 SOS
Yearly Trough Low 571,497 SOS
Transaction Impact: A difference of 172,449.70 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1471
0.1160
JanuMarcMayJulySeptNove

COP to SOS 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 0.1241, compared to 0.1406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.1241
H2 Avg (Jul–Dec) 0.1406

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0124 SOS (High: 0.1269 / Low: 0.1144). On the other end, November was the most stable month, with a tight range of 0.0053 SOS (High: 0.1443 / Low: 0.1391).

January Spread (Volatile) ±0.0124
November Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1445) against the same month in 2022 (average: 0.1188), the exchange rate shifted by +0.0257 (+21.66%).

2023 Avg (December) 0.1445
2022 Avg (December) 0.1188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1269 0.1144 0.1207
February 0.1239 0.1143 0.1186
March 0.1235 0.1168 0.1194
April 0.1294 0.1214 0.1253
May 0.1294 0.1212 0.1253
June 0.1395 0.1286 0.1354
July 0.1449 0.1347 0.1400
August 0.1455 0.1364 0.1398
September 0.1462 0.1387 0.1422
October 0.1401 0.1310 0.1353
November 0.1443 0.1391 0.1416
December 0.1488 0.1418 0.1445