YEARLY HIGH
1.2248 COP
YEARLY LOW
0.9368 COP
YEARLY AVERAGE
1.0531 COP

2023 KHR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KHR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 1.2248. Conversely, the yearly low was recorded on December 28, dropping to 0.9368.

This high-to-low spread represents a total annual volatility of 0.2880 COP. From a start-to-finish perspective, comparing the January average rate of 1.1456 to the December average rate of 0.9625, the exchange rate registered a net change of -15.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2248 was down 0.27% compared to the 2022 peak of 1.2281, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,124 COP
2022 Average 5,203 COP
Yearly Trough Low 4,684 COP
Transaction Impact: A difference of 1,439.97 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1964
0.9413
JanuMarcMayJulySeptNove

KHR 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 1.1221, compared to 0.9841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1380 points.

H1 Avg (Jan–Jun) 1.1221
H2 Avg (Jul–Dec) 0.9841

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1174 COP (High: 1.2078 / Low: 1.0904). On the other end, November was the most stable month, with a tight range of 0.0341 COP (High: 0.9947 / Low: 0.9606).

January Spread (Volatile) ±0.1174
November Spread (Stable) ±0.0341

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 0.0843 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0843

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.1740) against the same month in 2022 (average: 0.9685), the exchange rate shifted by +0.2055 (+21.22%).

2023 Avg (February) 1.1740
2022 Avg (February) 0.9685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2078 1.0904 1.1456
February 1.2248 1.1161 1.1740
March 1.2026 1.1365 1.1751
April 1.1549 1.0812 1.1156
May 1.1372 1.0664 1.1033
June 1.0749 0.9876 1.0190
July 1.0241 0.9521 0.9859
August 1.0093 0.9477 0.9838
September 0.9938 0.9466 0.9707
October 1.0564 0.9878 1.0221
November 0.9947 0.9606 0.9794
December 0.9795 0.9368 0.9625