2023 ILS to COP Historical Review

YEARLY HIGH

1402.3667 COP

YEARLY LOW

1011.8640 COP

YEARLY AVERAGE

1177.1228 COP

2023 ILS to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1402.3667. Conversely, the yearly low was recorded on October 30, dropping to 1011.8640.

This high-to-low spread represents a total annual volatility of 390.5028 COP. From a start-to-finish perspective, comparing the January average rate of 1368.4487 to the December average rate of 1079.9546, the exchange rate registered a net change of -21.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1402.3667 was down 3.08% compared to the 2022 peak of 1446.9121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,011,834 COP

2022 Average 6,331,418 COP

Yearly Trough Low 5,059,320 COP

Transaction Impact: A difference of 1,952,513.77 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1400.2373

1018.7734

JanuMarcMayJulySeptNove

ILS 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 1279.4355, compared to 1074.8101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 204.6254 points.

H1 Avg (Jan–Jun) 1279.4355

H2 Avg (Jul–Dec) 1074.8101

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 114.6925 COP (High: 1126.5565 / Low: 1011.8640). On the other end, December was the most stable month, with a tight range of 35.1837 COP (High: 1095.5848 / Low: 1060.4012).

October Spread (Volatile) ±114.6925

December Spread (Stable) ±35.1837

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 83.3901 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -83.3901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1368.4487) against the same month in 2022 (average: 1275.8473), the exchange rate shifted by +92.6014 (+7.26%).

2023 Avg (January) 1368.4487

2022 Avg (January) 1275.8473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1402.3667	1316.7170	1368.4487
February	1382.6086	1305.9874	1353.3402
March	1350.9696	1283.7658	1315.9832
April	1298.4040	1196.1851	1247.6602
May	1287.1348	1175.4029	1237.2853
June	1182.3108	1120.3398	1153.8951
July	1139.1598	1063.1475	1108.9623
August	1135.9859	1062.0550	1087.6501
September	1081.9146	1024.2553	1050.5621
October	1126.5565	1011.8640	1061.3627
November	1096.8540	1016.1365	1060.3686
December	1095.5848	1060.4012	1079.9546