2023 FKP to COP Historical Review

YEARLY HIGH

5990.7739 COP

YEARLY LOW

4816.6173 COP

YEARLY AVERAGE

5373.4022 COP

2023 FKP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 5990.7739. Conversely, the yearly low was recorded on September 21, dropping to 4816.6173.

This high-to-low spread represents a total annual volatility of 1174.1565 COP. From a start-to-finish perspective, comparing the January average rate of 5769.6431 to the December average rate of 5011.7854, the exchange rate registered a net change of -13.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5990.7739 was up 0.48% compared to the 2022 peak of 5962.2060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,953,869 COP

2022 Average 26,222,587 COP

Yearly Trough Low 24,083,087 COP

Transaction Impact: A difference of 5,870,782.60 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5867.1915

4885.0780

JanuMarcMayJulySeptNove

FKP 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 5658.0392, compared to 5088.7653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 569.2739 points.

H1 Avg (Jan–Jun) 5658.0392

H2 Avg (Jul–Dec) 5088.7653

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 419.9857 COP (High: 5883.4832 / Low: 5463.4975). On the other end, December was the most stable month, with a tight range of 208.6647 COP (High: 5110.6140 / Low: 4901.9493).

May Spread (Volatile) ±419.9857

December Spread (Stable) ±208.6647

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 356.5819 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -356.5819

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 5785.3487) against the same month in 2022 (average: 5330.8335), the exchange rate shifted by +454.5152 (+8.53%).

2023 Avg (February) 5785.3487

2022 Avg (February) 5330.8335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5924.9967	5565.7999	5769.6431
February	5990.7739	5577.6892	5785.3487
March	5934.5566	5619.9139	5775.1974
April	5826.9745	5456.0707	5643.4835
May	5883.4832	5463.4975	5665.5722
June	5546.4067	5180.5843	5308.9903
July	5405.6961	5042.7189	5235.4554
August	5289.8912	5009.8752	5172.4979
September	5170.3608	4816.6173	4966.9208
October	5308.4611	4957.8276	5137.1847
November	5113.4090	4880.7103	5008.7474
December	5110.6140	4901.9493	5011.7854