YEARLY HIGH
0.0006 TOP
YEARLY LOW
0.0005 TOP
YEARLY AVERAGE
0.0005 TOP

2023 COP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0006. Conversely, the yearly low was recorded on February 22, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0001 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0005 to the December average rate of 0.0006, the exchange rate registered a net change of 20.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0006 was up 0.51% compared to the 2022 peak of 0.0006, 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 3,066 TOP
2022 Average 2,755 TOP
Yearly Trough Low 2,355 TOP
Transaction Impact: A difference of 710.73 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0006
0.0005
JanuMarcMayJulySeptNove

COP to TOP 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 0.0005, compared to 0.0006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0005
H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0000 TOP (High: 0.0005 / Low: 0.0005). On the other end, December was the most stable month, with a tight range of 0.0000 TOP (High: 0.0006 / Low: 0.0006).

January Spread (Volatile) ±0.0000
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0006) against the same month in 2022 (average: 0.0005), the exchange rate shifted by +0.0001 (+11.03%).

2023 Avg (September) 0.0006
2022 Avg (September) 0.0005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0005 0.0005 0.0005
February 0.0005 0.0005 0.0005
March 0.0005 0.0005 0.0005
April 0.0005 0.0005 0.0005
May 0.0005 0.0005 0.0005
June 0.0006 0.0005 0.0006
July 0.0006 0.0006 0.0006
August 0.0006 0.0006 0.0006
September 0.0006 0.0006 0.0006
October 0.0006 0.0006 0.0006
November 0.0006 0.0006 0.0006
December 0.0006 0.0006 0.0006