2023 HTG to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |