YEARLY HIGH
0.0028 TJS
YEARLY LOW
0.0021 TJS
YEARLY AVERAGE
0.0025 TJS

2023 COP to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0028. Conversely, the yearly low was recorded on January 5, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0008 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0028, the exchange rate registered a net change of 27.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0028 was down 17.79% compared to the 2022 peak of 0.0035, 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 14,244 TJS
2022 Average 13,074 TJS
Yearly Trough Low 10,267 TJS
Transaction Impact: A difference of 3,977.04 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0028
0.0021
JanuMarcMayJulySeptNove

COP to TJS 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 0.0027 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) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 TJS (High: 0.0024 / Low: 0.0021). On the other end, November was the most stable month, with a tight range of 0.0001 TJS (High: 0.0028 / Low: 0.0027).

March Spread (Volatile) ±0.0003
November Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0028) against the same month in 2022 (average: 0.0021), the exchange rate shifted by +0.0006 (+30.55%).

2023 Avg (December) 0.0028
2022 Avg (December) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

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