YEARLY HIGH
0.0007 XCD
YEARLY LOW
0.0005 XCD
YEARLY AVERAGE
0.0006 XCD

2023 COP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0007. Conversely, the yearly low was recorded on February 22, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0002 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0007, the exchange rate registered a net change of 19.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0007 was down 2.95% compared to the 2022 peak of 0.0007, 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 3,520 XCD
2022 Average 3,199 XCD
Yearly Trough Low 2,717 XCD
Transaction Impact: A difference of 802.15 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0007
0.0006
JanuMarcMayJulySeptNove

COP to XCD 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 0.0006, compared to 0.0007 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) 0.0006
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0001 XCD (High: 0.0006 / Low: 0.0005). On the other end, November was the most stable month, with a tight range of 0.0000 XCD (High: 0.0007 / Low: 0.0007).

January Spread (Volatile) ±0.0001
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 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 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0007) against the same month in 2022 (average: 0.0006), the exchange rate shifted by +0.0001 (+21.05%).

2023 Avg (December) 0.0007
2022 Avg (December) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0006 0.0005 0.0006
February 0.0006 0.0005 0.0006
March 0.0006 0.0006 0.0006
April 0.0006 0.0006 0.0006
May 0.0006 0.0006 0.0006
June 0.0007 0.0006 0.0006
July 0.0007 0.0006 0.0007
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0006 0.0006
November 0.0007 0.0007 0.0007
December 0.0007 0.0007 0.0007