2023 HKD to COP Historical Review

YEARLY HIGH

636.3686 COP

YEARLY LOW

491.6128 COP

YEARLY AVERAGE

552.3594 COP

2023 HKD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 636.3686. Conversely, the yearly low was recorded on December 27, dropping to 491.6128.

This high-to-low spread represents a total annual volatility of 144.7558 COP. From a start-to-finish perspective, comparing the January average rate of 602.7468 to the December average rate of 506.6858, the exchange rate registered a net change of -15.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 636.3686 was down 1.54% compared to the 2022 peak of 646.3313, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 15,909,216 COP

2022 Average 13,592,457 COP

Yearly Trough Low 12,290,321 COP

Transaction Impact: A difference of 3,618,895.16 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

621.6066

496.2384

JanuMarcMayJulySeptNove

HKD 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 585.5927, compared to 519.1261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 66.4666 points.

H1 Avg (Jan–Jun) 585.5927

H2 Avg (Jul–Dec) 519.1261

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 63.5881 COP (High: 636.3686 / Low: 572.7805). On the other end, November was the most stable month, with a tight range of 18.1641 COP (High: 525.4032 / Low: 507.2391).

January Spread (Volatile) ±63.5881

November Spread (Stable) ±18.1641

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 42.9181 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -42.9181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 602.7468) against the same month in 2022 (average: 513.4262), the exchange rate shifted by +89.3205 (+17.40%).

2023 Avg (January) 602.7468

2022 Avg (January) 513.4262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	636.3686	572.7805	602.7468
February	633.8094	589.2908	611.1592
March	620.4789	587.0379	606.1757
April	595.5391	559.4830	577.6663
May	596.8028	560.5716	579.3630
June	565.3814	520.3852	536.4449
July	536.5537	503.9563	520.0043
August	531.1891	502.3513	520.3356
September	523.6207	498.9567	512.0523
October	554.6972	520.9400	539.3872
November	525.4032	507.2391	516.2912
December	515.4591	491.6128	506.6858