2023 COP to SYP Historical Review

YEARLY HIGH

0.6544 SYP

YEARLY LOW

0.5053 SYP

YEARLY AVERAGE

0.5840 SYP

2023 COP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6544. Conversely, the yearly low was recorded on February 22, dropping to 0.5053.

This high-to-low spread represents a total annual volatility of 0.1491 SYP. From a start-to-finish perspective, comparing the January average rate of 0.5335 to the December average rate of 0.6351, the exchange rate registered a net change of 19.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6544 was down 2.93% compared to the 2022 peak of 0.6742, 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 3,272,057 SYP

2022 Average 2,974,307 SYP

Yearly Trough Low 2,526,311 SYP

Transaction Impact: A difference of 745,746.75 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6462

0.5130

JanuMarcMayJulySeptNove

COP to SYP 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 0.5486, compared to 0.6194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0707 points.

H1 Avg (Jan–Jun) 0.5486

H2 Avg (Jul–Dec) 0.6194

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0549 SYP (High: 0.5602 / Low: 0.5053). On the other end, November was the most stable month, with a tight range of 0.0227 SYP (High: 0.6347 / Low: 0.6120).

January Spread (Volatile) ±0.0549

November Spread (Stable) ±0.0227

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 0.0314 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6351) against the same month in 2022 (average: 0.5246), the exchange rate shifted by +0.1104 (+21.05%).

2023 Avg (December) 0.6351

2022 Avg (December) 0.5246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5602	0.5053	0.5335
February	0.5439	0.5053	0.5241
March	0.5452	0.5158	0.5282
April	0.5721	0.5375	0.5543
May	0.5723	0.5363	0.5535
June	0.6166	0.5674	0.5983
July	0.6393	0.5983	0.6184
August	0.6417	0.6055	0.6171
September	0.6439	0.6118	0.6268
October	0.6159	0.5784	0.5954
November	0.6347	0.6120	0.6235
December	0.6544	0.6234	0.6351