2023 FJD to COP Historical Review

YEARLY HIGH

2255.0510 COP

YEARLY LOW

1724.4554 COP

YEARLY AVERAGE

1941.3376 COP

2023 FJD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 2255.0510. Conversely, the yearly low was recorded on September 17, dropping to 1724.4554.

This high-to-low spread represents a total annual volatility of 530.5956 COP. From a start-to-finish perspective, comparing the January average rate of 2163.8137 to the December average rate of 1786.1243, the exchange rate registered a net change of -17.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2255.0510 was up 0.28% compared to the 2022 peak of 2248.8027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,275,255 COP

2022 Average 9,712,326 COP

Yearly Trough Low 8,622,277 COP

Transaction Impact: A difference of 2,652,978.01 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2227.7180

1723.4737

JanuMarcMayJulySeptNove

FJD 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 2078.6972, compared to 1803.9781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 274.7192 points.

H1 Avg (Jan–Jun) 2078.6972

H2 Avg (Jul–Dec) 1803.9781

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 165.5797 COP (High: 2115.1418 / Low: 1949.5621). On the other end, December was the most stable month, with a tight range of 57.0255 COP (High: 1810.4042 / Low: 1753.3787).

May Spread (Volatile) ±165.5797

December Spread (Stable) ±57.0255

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 153.3351 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -153.3351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2185.6976) against the same month in 2022 (average: 1844.4464), the exchange rate shifted by +341.2512 (+18.50%).

2023 Avg (February) 2185.6976

2022 Avg (February) 1844.4464

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2249.4286	2083.9550	2163.8137
February	2255.0510	2129.5099	2185.6976
March	2201.6513	2088.8529	2145.1163
April	2115.9176	1987.2910	2048.8545
May	2115.1418	1949.5621	2041.0182
June	1976.0406	1823.1933	1887.6831
July	1893.4365	1756.9976	1832.9854
August	1870.5130	1742.7191	1805.1710
September	1817.3168	1724.4554	1765.4940
October	1909.4729	1774.8076	1850.2058
November	1822.1873	1744.8706	1783.8879
December	1810.4042	1753.3787	1786.1243