YEARLY HIGH
0.0286 XPF
YEARLY LOW
0.0226 XPF
YEARLY AVERAGE
0.0256 XPF

2023 COP to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0286. Conversely, the yearly low was recorded on February 22, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0060 XPF. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0276, the exchange rate registered a net change of 17.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0286 was down 3.34% compared to the 2022 peak of 0.0296, 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 143,144 XPF
2022 Average 133,978 XPF
Yearly Trough Low 113,137 XPF
Transaction Impact: A difference of 30,006.92 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0283
0.0228
JanuMarcMayJulySeptNove

COP to XPF 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 0.0241, compared to 0.0272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0241
H2 Avg (Jul–Dec) 0.0272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0024 XPF (High: 0.0254 / Low: 0.0230). On the other end, December was the most stable month, with a tight range of 0.0007 XPF (High: 0.0280 / Low: 0.0273).

May Spread (Volatile) ±0.0024
December Spread (Stable) ±0.0007

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 0.0011 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0279) against the same month in 2022 (average: 0.0271), the exchange rate shifted by +0.0007 (+2.75%).

2023 Avg (September) 0.0279
2022 Avg (September) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0244 0.0228 0.0235
February 0.0239 0.0226 0.0233
March 0.0238 0.0230 0.0234
April 0.0246 0.0233 0.0240
May 0.0254 0.0230 0.0242
June 0.0268 0.0250 0.0262
July 0.0276 0.0258 0.0266
August 0.0277 0.0261 0.0269
September 0.0286 0.0269 0.0279
October 0.0278 0.0260 0.0268
November 0.0281 0.0267 0.0274
December 0.0280 0.0273 0.0276