2023 JOD to COP Historical Review

YEARLY HIGH

7010.2380 COP

YEARLY LOW

5410.6163 COP

YEARLY AVERAGE

6097.9711 COP

2023 JOD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 7010.2380. Conversely, the yearly low was recorded on December 27, dropping to 5410.6163.

This high-to-low spread represents a total annual volatility of 1599.6217 COP. From a start-to-finish perspective, comparing the January average rate of 6644.0726 to the December average rate of 5577.6813, the exchange rate registered a net change of -16.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 7010.2380 was down 2.03% compared to the 2022 peak of 7155.5443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,051,190 COP

2022 Average 30,021,929 COP

Yearly Trough Low 27,053,082 COP

Transaction Impact: A difference of 7,998,108.58 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6877.7630

5459.4920

JanuMarcMayJulySeptNove

JOD 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 6470.7087, compared to 5725.2335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 745.4752 points.

H1 Avg (Jan–Jun) 6470.7087

H2 Avg (Jul–Dec) 5725.2335

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 687.5662 COP (High: 7010.2380 / Low: 6322.6718). On the other end, November was the most stable month, with a tight range of 206.8307 COP (High: 5786.9969 / Low: 5580.1662).

January Spread (Volatile) ±687.5662

November Spread (Stable) ±206.8307

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 477.2082 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -477.2082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6644.0726) against the same month in 2022 (average: 5642.3176), the exchange rate shifted by +1001.7549 (+17.75%).

2023 Avg (January) 6644.0726

2022 Avg (January) 5642.3176

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7010.2380	6322.6718	6644.0726
February	7009.7628	6511.9794	6759.5738
March	6863.9606	6495.9380	6705.8721
April	6589.7573	6191.8979	6392.0269
May	6603.9296	6189.2345	6399.9575
June	6242.5109	5743.0738	5922.7493
July	5920.2052	5545.9731	5732.0415
August	5859.8488	5527.9089	5752.0850
September	5800.0919	5506.3011	5657.9501
October	6122.1533	5749.3911	5949.5928
November	5786.9969	5580.1662	5682.0505
December	5681.3537	5410.6163	5577.6813