YEARLY HIGH
0.0092 THB
YEARLY LOW
0.0068 THB
YEARLY AVERAGE
0.0081 THB

2023 COP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0092. Conversely, the yearly low was recorded on January 5, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0024 THB. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0088, the exchange rate registered a net change of 25.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0092 was up 1.33% compared to the 2022 peak of 0.0091, 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 46,150 THB
2022 Average 41,350 THB
Yearly Trough Low 34,239 THB
Transaction Impact: A difference of 11,910.26 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0091
0.0069
JanuMarcMayJulySeptNove

COP to THB 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 0.0075, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0075
H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0008 THB (High: 0.0086 / Low: 0.0078). On the other end, December was the most stable month, with a tight range of 0.0003 THB (High: 0.0090 / Low: 0.0087).

June Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0089) against the same month in 2022 (average: 0.0083), the exchange rate shifted by +0.0006 (+7.24%).

2023 Avg (September) 0.0089
2022 Avg (September) 0.0083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0068 0.0070
February 0.0074 0.0070 0.0071
March 0.0074 0.0070 0.0072
April 0.0078 0.0073 0.0075
May 0.0079 0.0072 0.0075
June 0.0086 0.0078 0.0083
July 0.0087 0.0083 0.0085
August 0.0089 0.0083 0.0086
September 0.0092 0.0085 0.0089
October 0.0090 0.0085 0.0086
November 0.0090 0.0086 0.0088
December 0.0090 0.0087 0.0088