YEARLY HIGH
88.8258 COP
YEARLY LOW
66.4214 COP
YEARLY AVERAGE
77.3154 COP

2023 DOP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 88.8258. Conversely, the yearly low was recorded on December 28, dropping to 66.4214.

This high-to-low spread represents a total annual volatility of 22.4044 COP. From a start-to-finish perspective, comparing the January average rate of 83.2985 to the December average rate of 69.0284, the exchange rate registered a net change of -17.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 88.8258 was down 5.52% compared to the 2022 peak of 94.0140, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 444,129 COP
2022 Average 387,884 COP
Yearly Trough Low 332,107 COP
Transaction Impact: A difference of 112,022.22 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

88.3436
67.2724
JanuMarcMayJulySeptNove

DOP 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 83.0002, compared to 71.6307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.3695 points.

H1 Avg (Jan–Jun) 83.0002
H2 Avg (Jul–Dec) 71.6307

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 9.1862 COP (High: 88.3563 / Low: 79.1701). On the other end, November was the most stable month, with a tight range of 2.6764 COP (High: 72.2919 / Low: 69.6155).

January Spread (Volatile) ±9.1862
November Spread (Stable) ±2.6764

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 6.6931 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.6931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 85.3789) against the same month in 2022 (average: 69.3163), the exchange rate shifted by +16.0626 (+23.17%).

2023 Avg (February) 85.3789
2022 Avg (February) 69.3163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.3563 79.1701 83.2985
February 88.8258 80.9992 85.3789
March 88.7842 84.0059 86.5877
April 85.8311 80.2176 82.8974
May 85.9760 80.4581 83.2659
June 81.0584 74.0190 76.5728
July 75.8505 69.9641 72.8598
August 73.9566 69.5633 71.9205
September 72.3476 68.7886 70.6444
October 76.7240 71.7327 74.3138
November 72.2919 69.6155 71.0175
December 70.9056 66.4214 69.0284