YEARLY HIGH
0.0082 TWD
YEARLY LOW
0.0061 TWD
YEARLY AVERAGE
0.0072 TWD

2023 COP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0082. Conversely, the yearly low was recorded on February 22, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0021 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0079, the exchange rate registered a net change of 22.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0082 was up 4.63% compared to the 2022 peak of 0.0078, 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 41,024 TWD
2022 Average 35,146 TWD
Yearly Trough Low 30,663 TWD
Transaction Impact: A difference of 10,361.89 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0082
0.0061
JanuMarcMayJulySeptNove

COP to TWD 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 0.0067, compared to 0.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0007 TWD (High: 0.0076 / Low: 0.0069). On the other end, December was the most stable month, with a tight range of 0.0003 TWD (High: 0.0080 / Low: 0.0078).

June Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0003

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 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0080) against the same month in 2022 (average: 0.0070), the exchange rate shifted by +0.0010 (+13.59%).

2023 Avg (September) 0.0080
2022 Avg (September) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0067 0.0062 0.0065
February 0.0065 0.0061 0.0063
March 0.0066 0.0063 0.0064
April 0.0069 0.0065 0.0067
May 0.0070 0.0065 0.0068
June 0.0076 0.0069 0.0073
July 0.0080 0.0074 0.0077
August 0.0081 0.0076 0.0078
September 0.0082 0.0078 0.0080
October 0.0079 0.0074 0.0077
November 0.0081 0.0077 0.0079
December 0.0080 0.0078 0.0079