YEARLY HIGH
0.0652 YER
YEARLY LOW
0.0503 YER
YEARLY AVERAGE
0.0582 YER

2023 COP to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0652. Conversely, the yearly low was recorded on January 5, dropping to 0.0503.

This high-to-low spread represents a total annual volatility of 0.0149 YER. From a start-to-finish perspective, comparing the January average rate of 0.0532 to the December average rate of 0.0632, the exchange rate registered a net change of 19.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0652 was down 2.93% compared to the 2022 peak of 0.0672, 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 325,965 YER
2022 Average 296,271 YER
Yearly Trough Low 251,691 YER
Transaction Impact: A difference of 74,273.39 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0643
0.0511
JanuMarcMayJulySeptNove

COP to YER 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 0.0547, compared to 0.0617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0547
H2 Avg (Jul–Dec) 0.0617

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0055 YER (High: 0.0558 / Low: 0.0503). On the other end, November was the most stable month, with a tight range of 0.0023 YER (High: 0.0632 / Low: 0.0610).

January Spread (Volatile) ±0.0055
November Spread (Stable) ±0.0023

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 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0632) against the same month in 2022 (average: 0.0523), the exchange rate shifted by +0.0110 (+21.01%).

2023 Avg (December) 0.0632
2022 Avg (December) 0.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0558 0.0503 0.0532
February 0.0542 0.0503 0.0522
March 0.0543 0.0514 0.0526
April 0.0570 0.0536 0.0552
May 0.0570 0.0534 0.0551
June 0.0614 0.0565 0.0596
July 0.0637 0.0596 0.0616
August 0.0639 0.0603 0.0615
September 0.0642 0.0609 0.0625
October 0.0614 0.0576 0.0593
November 0.0632 0.0610 0.0621
December 0.0652 0.0621 0.0632