2023 IRR to COP Historical Review

YEARLY HIGH

0.1187 COP

YEARLY LOW

0.0913 COP

YEARLY AVERAGE

0.1024 COP

2023 IRR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1187. Conversely, the yearly low was recorded on December 27, dropping to 0.0913.

This high-to-low spread represents a total annual volatility of 0.0273 COP. From a start-to-finish perspective, comparing the January average rate of 0.1124 to the December average rate of 0.0937, the exchange rate registered a net change of -16.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1187 was down 0.93% compared to the 2022 peak of 0.1198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 593 COP

2022 Average 504 COP

Yearly Trough Low 457 COP

Transaction Impact: A difference of 136.62 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1156

0.0917

JanuMarcMayJulySeptNove

IRR 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 0.1088, compared to 0.0961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.1088

H2 Avg (Jul–Dec) 0.0961

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0124 COP (High: 0.1187 / Low: 0.1063). On the other end, November was the most stable month, with a tight range of 0.0035 COP (High: 0.0972 / Low: 0.0937).

January Spread (Volatile) ±0.0124

November Spread (Stable) ±0.0035

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 0.0080 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1124) against the same month in 2022 (average: 0.0947), the exchange rate shifted by +0.0177 (+18.74%).

2023 Avg (January) 0.1124

2022 Avg (January) 0.0947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1187	0.1063	0.1124
February	0.1178	0.1095	0.1136
March	0.1152	0.1091	0.1128
April	0.1106	0.1040	0.1073
May	0.1109	0.1038	0.1074
June	0.1047	0.0964	0.0994
July	0.0993	0.0929	0.0962
August	0.0981	0.0925	0.0963
September	0.0972	0.0924	0.0949
October	0.1029	0.0966	0.0999
November	0.0972	0.0937	0.0954
December	0.0953	0.0913	0.0937