2023 CVE to COP Historical Review

YEARLY HIGH

47.9482 COP

YEARLY LOW

37.7891 COP

YEARLY AVERAGE

42.3596 COP

2023 CVE to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 47.9482. Conversely, the yearly low was recorded on September 19, dropping to 37.7891.

This high-to-low spread represents a total annual volatility of 10.1591 COP. From a start-to-finish perspective, comparing the January average rate of 45.9841 to the December average rate of 39.1129, the exchange rate registered a net change of -14.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.9482 was up 2.13% compared to the 2022 peak of 46.9491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 239,741 COP

2022 Average 202,376 COP

Yearly Trough Low 188,945 COP

Transaction Impact: A difference of 50,795.45 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.2969

38.0565

JanuMarcMayJulySeptNove

CVE to COP 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 44.9253, compared to 39.7938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1315 points.

H1 Avg (Jan–Jun) 44.9253

H2 Avg (Jul–Dec) 39.7938

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 4.2070 COP (High: 46.7324 / Low: 42.5254). On the other end, December was the most stable month, with a tight range of 1.5590 COP (High: 39.7405 / Low: 38.1815).

May Spread (Volatile) ±4.2070

December Spread (Stable) ±1.5590

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.4970 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.4970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 46.5269) against the same month in 2022 (average: 40.3604), the exchange rate shifted by +6.1665 (+15.28%).

2023 Avg (February) 46.5269

2022 Avg (February) 40.3604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.4213	44.1935	45.9841
February	47.9482	45.4650	46.5269
March	47.3517	45.3219	46.1630
April	46.4343	43.6789	45.0282
May	46.7324	42.5254	44.6733
June	43.0175	39.8620	41.1763
July	41.7638	39.2877	40.7207
August	41.4503	38.9182	40.2778
September	40.3976	37.7891	38.8266
October	41.7261	39.0890	40.3994
November	40.3522	38.0131	39.4258
December	39.7405	38.1815	39.1129