YEARLY HIGH
33.6937 COP
YEARLY LOW
28.2232 COP
YEARLY AVERAGE
30.5214 COP

2023 HTG to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 33.6937. Conversely, the yearly low was recorded on April 15, dropping to 28.2232.

This high-to-low spread represents a total annual volatility of 5.4705 COP. From a start-to-finish perspective, comparing the January average rate of 31.7553 to the December average rate of 29.9252, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 33.6937 was down 18.20% compared to the 2022 peak of 41.1881, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,469 COP
2022 Average 181,817 COP
Yearly Trough Low 141,116 COP
Transaction Impact: A difference of 27,352.57 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.2027
28.9779
JanuMarcMayJulySeptNove

HTG 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 30.8876, compared to 30.1552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7324 points.

H1 Avg (Jan–Jun) 30.8876
H2 Avg (Jul–Dec) 30.1552

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.5641 COP (High: 33.6937 / Low: 30.1297). On the other end, November was the most stable month, with a tight range of 1.0938 COP (High: 30.9492 / Low: 29.8553).

January Spread (Volatile) ±3.5641
November Spread (Stable) ±1.0938

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 March and April, when the average rate fell by 1.7375 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.7375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 31.7553) against the same month in 2022 (average: 39.3300), the exchange rate shifted by -7.5747 (-19.26%).

2023 Avg (January) 31.7553
2022 Avg (January) 39.3300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.6937 30.1297 31.7553
February 33.3193 30.6985 31.9340
March 32.2358 29.7271 30.9841
April 30.5314 28.2232 29.2466
May 31.8933 30.0654 31.2400
June 31.7527 29.4196 30.1656
July 30.6578 28.5627 29.5200
August 30.5518 28.6722 29.9216
September 30.3331 28.8994 29.6385
October 32.4436 30.0434 31.5076
November 30.9492 29.8553 30.4183
December 30.4730 29.0398 29.9252