2023 KGS to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 KGS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |