YEARLY HIGH
0.0099 UAH
YEARLY LOW
0.0074 UAH
YEARLY AVERAGE
0.0086 UAH

2023 COP to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0099. Conversely, the yearly low was recorded on February 22, dropping to 0.0074.

This high-to-low spread represents a total annual volatility of 0.0026 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0078 to the December average rate of 0.0094, the exchange rate registered a net change of 20.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0099 was up 11.65% compared to the 2022 peak of 0.0089, 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 49,697 UAH
2022 Average 38,305 UAH
Yearly Trough Low 36,945 UAH
Transaction Impact: A difference of 12,751.95 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0096
0.0075
JanuMarcMayJulySeptNove

COP to UAH 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 0.0080, compared to 0.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0080
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0009 UAH (High: 0.0099 / Low: 0.0091). On the other end, November was the most stable month, with a tight range of 0.0004 UAH (High: 0.0092 / Low: 0.0088).

December Spread (Volatile) ±0.0009
November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0094) against the same month in 2022 (average: 0.0077), the exchange rate shifted by +0.0017 (+22.18%).

2023 Avg (December) 0.0094
2022 Avg (December) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0082 0.0074 0.0078
February 0.0080 0.0074 0.0077
March 0.0080 0.0075 0.0077
April 0.0084 0.0078 0.0081
May 0.0084 0.0078 0.0081
June 0.0091 0.0083 0.0088
July 0.0094 0.0087 0.0091
August 0.0094 0.0088 0.0091
September 0.0095 0.0090 0.0092
October 0.0091 0.0084 0.0087
November 0.0092 0.0088 0.0090
December 0.0099 0.0091 0.0094