2023 ISK to COP Historical Review

YEARLY HIGH

34.6576 COP

YEARLY LOW

27.9833 COP

YEARLY AVERAGE

31.3455 COP

2023 ISK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 34.6576. Conversely, the yearly low was recorded on November 13, dropping to 27.9833.

This high-to-low spread represents a total annual volatility of 6.6743 COP. From a start-to-finish perspective, comparing the January average rate of 32.9835 to the December average rate of 28.7050, the exchange rate registered a net change of -12.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.6576 was down 0.84% compared to the 2022 peak of 34.9526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173,288 COP

2022 Average 157,081 COP

Yearly Trough Low 139,917 COP

Transaction Impact: A difference of 33,371.45 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.5373

28.1748

JanuMarcMayJulySeptNove

ISK 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 32.8341, compared to 29.8569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9772 points.

H1 Avg (Jan–Jun) 32.8341

H2 Avg (Jul–Dec) 29.8569

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.1751 COP (High: 34.3490 / Low: 31.1739). On the other end, December was the most stable month, with a tight range of 0.7514 COP (High: 29.0442 / Low: 28.2928).

January Spread (Volatile) ±3.1751

December Spread (Stable) ±0.7514

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.3248 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.3248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 34.0071) against the same month in 2022 (average: 29.2197), the exchange rate shifted by +4.7873 (+16.38%).

2023 Avg (March) 34.0071

2022 Avg (March) 29.2197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.3490	31.1739	32.9835
February	34.4921	32.5566	33.5171
March	34.6576	33.2658	34.0071
April	34.3759	32.2579	33.2200
May	34.5155	31.3618	32.8009
June	31.7862	29.8058	30.4761
July	31.4607	29.9488	30.6352
August	31.4655	29.8682	30.8918
September	31.0118	28.7294	29.6346
October	31.6962	29.2960	30.4568
November	29.5031	27.9833	28.8179
December	29.0442	28.2928	28.7050