YEARLY HIGH
0.0098 SRD
YEARLY LOW
0.0064 SRD
YEARLY AVERAGE
0.0085 SRD

2023 COP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.0098. Conversely, the yearly low was recorded on January 5, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0035 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0094, the exchange rate registered a net change of 39.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0098 was up 47.37% compared to the 2022 peak of 0.0067, 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 49,244 SRD
2022 Average 28,312 SRD
Yearly Trough Low 31,776 SRD
Transaction Impact: A difference of 17,468.14 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0098
0.0065
JanuMarcMayJulySeptNove

COP to SRD 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 0.0077, compared to 0.0094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0077
H2 Avg (Jul–Dec) 0.0094

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 SRD (High: 0.0098 / Low: 0.0089). On the other end, December was the most stable month, with a tight range of 0.0003 SRD (High: 0.0096 / Low: 0.0094).

July Spread (Volatile) ±0.0010
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0094) against the same month in 2022 (average: 0.0056), the exchange rate shifted by +0.0038 (+66.61%).

2023 Avg (August) 0.0094
2022 Avg (August) 0.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0064 0.0068
February 0.0070 0.0067 0.0068
March 0.0078 0.0070 0.0073
April 0.0084 0.0077 0.0081
May 0.0085 0.0080 0.0082
June 0.0093 0.0084 0.0090
July 0.0098 0.0089 0.0094
August 0.0098 0.0092 0.0094
September 0.0098 0.0093 0.0096
October 0.0094 0.0088 0.0090
November 0.0096 0.0093 0.0094
December 0.0096 0.0094 0.0094