2023 INR to COP Historical Review

YEARLY HIGH

60.1650 COP

YEARLY LOW

46.1084 COP

YEARLY AVERAGE

52.3946 COP

2023 INR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 60.1650. Conversely, the yearly low was recorded on December 27, dropping to 46.1084.

This high-to-low spread represents a total annual volatility of 14.0566 COP. From a start-to-finish perspective, comparing the January average rate of 57.6692 to the December average rate of 47.5347, the exchange rate registered a net change of -17.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 60.1650 was down 3.46% compared to the 2022 peak of 62.3211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 15,041,245 COP

2022 Average 13,520,064 COP

Yearly Trough Low 11,527,095 COP

Transaction Impact: A difference of 3,514,150.42 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

59.0859

46.4846

JanuMarcMayJulySeptNove

INR 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 55.8631, compared to 48.9261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9370 points.

H1 Avg (Jan–Jun) 55.8631

H2 Avg (Jul–Dec) 48.9261

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.1403 COP (High: 60.1650 / Low: 55.0246). On the other end, November was the most stable month, with a tight range of 1.8113 COP (High: 49.3106 / Low: 47.4994).

January Spread (Volatile) ±5.1403

November Spread (Stable) ±1.8113

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 4.0308 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -4.0308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 57.6692) against the same month in 2022 (average: 53.7339), the exchange rate shifted by +3.9353 (+7.32%).

2023 Avg (January) 57.6692

2022 Avg (January) 53.7339

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.1650	55.0246	57.6692
February	60.0313	56.1215	58.0358
March	58.9706	56.1289	57.8537
April	56.8811	53.6606	55.3294
May	57.2866	53.1049	55.1606
June	53.8161	49.7004	51.1298
July	50.9441	47.7841	49.4589
August	50.1763	47.5739	49.1621
September	49.6477	46.9014	48.2806
October	52.2621	49.1188	50.7164
November	49.3106	47.4994	48.4040
December	48.3725	46.1084	47.5347