2023 COP to UZS Historical Review

YEARLY HIGH

3.2210 UZS

YEARLY LOW

2.2714 UZS

YEARLY AVERAGE

2.7333 UZS

2023 COP to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3.2210. Conversely, the yearly low was recorded on January 5, dropping to 2.2714.

This high-to-low spread represents a total annual volatility of 0.9496 UZS. From a start-to-finish perspective, comparing the January average rate of 2.4001 to the December average rate of 3.1226, the exchange rate registered a net change of 30.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.2210 was up 5.01% compared to the 2022 peak of 3.0675, 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 16,105,174 UZS

2022 Average 13,081,201 UZS

Yearly Trough Low 11,357,104 UZS

Transaction Impact: A difference of 4,748,069.62 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.1983

2.2894

JanuMarcMayJulySeptNove

COP to UZS 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 2.4876, compared to 2.9789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4913 points.

H1 Avg (Jan–Jun) 2.4876

H2 Avg (Jul–Dec) 2.9789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.2617 UZS (High: 3.0536 / Low: 2.7920). On the other end, November was the most stable month, with a tight range of 0.1303 UZS (High: 3.1135 / Low: 2.9832).

August Spread (Volatile) ±0.2617

November Spread (Stable) ±0.1303

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 0.1403 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3.1226) against the same month in 2022 (average: 2.3496), the exchange rate shifted by +0.7730 (+32.90%).

2023 Avg (December) 3.1226

2022 Avg (December) 2.3496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5184	2.2714	2.4001
February	2.4530	2.2753	2.3652
March	2.4816	2.3322	2.3927
April	2.6082	2.4300	2.5163
May	2.5984	2.4370	2.5206
June	2.8174	2.5758	2.7309
July	2.9582	2.7360	2.8488
August	3.0536	2.7920	2.9267
September	3.1183	2.9467	3.0352
October	2.9957	2.7989	2.8949
November	3.1135	2.9832	3.0453
December	3.2210	3.0497	3.1226