YEARLY HIGH
59.1432 COP
YEARLY LOW
43.1252 COP
YEARLY AVERAGE
49.2727 COP

2023 KGS to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 59.1432. Conversely, the yearly low was recorded on December 27, dropping to 43.1252.

This high-to-low spread represents a total annual volatility of 16.0180 COP. From a start-to-finish perspective, comparing the January average rate of 55.0875 to the December average rate of 44.3939, the exchange rate registered a net change of -19.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 59.1432 was down 2.36% compared to the 2022 peak of 60.5742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295,716 COP
2022 Average 253,831 COP
Yearly Trough Low 215,626 COP
Transaction Impact: A difference of 80,090.06 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.2149
43.3192
JanuMarcMayJulySeptNove

KGS 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 52.7397, compared to 45.8058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9340 points.

H1 Avg (Jan–Jun) 52.7397
H2 Avg (Jul–Dec) 45.8058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.0508 COP (High: 59.1432 / Low: 52.0925). On the other end, November was the most stable month, with a tight range of 1.5548 COP (High: 45.9617 / Low: 44.4069).

January Spread (Volatile) ±7.0508
November Spread (Stable) ±1.5548

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 3.8672 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.8672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 55.0875) against the same month in 2022 (average: 47.1810), the exchange rate shifted by +7.9065 (+16.76%).

2023 Avg (January) 55.0875
2022 Avg (January) 47.1810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.1432 52.0925 55.0875
February 56.8832 53.6227 55.1403
March 55.7157 52.7135 54.4250
April 53.4749 50.1818 51.8339
May 53.5287 50.1202 51.9094
June 50.5534 46.6757 48.0422
July 47.8664 44.8069 46.3458
August 47.2410 44.6038 46.2370
September 46.5345 43.9896 45.2841
October 48.8561 45.7794 47.3694
November 45.9617 44.4069 45.2044
December 45.1253 43.1252 44.3939