2023 KWD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KWD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KWD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 16213.7004. Conversely, the yearly low was recorded on December 27, dropping to 12500.8493.
This high-to-low spread represents a total annual volatility of 3712.8512 COP. From a start-to-finish perspective, comparing the January average rate of 15425.2557 to the December average rate of 12852.1173, the exchange rate registered a net change of -16.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 16213.7004 was down 1.27% compared to the 2022 peak of 16422.6366, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
KWD 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 14980.8282, compared to 13171.9538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1808.8744 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1510.3645 COP (High: 16211.4569 / Low: 14701.0923). On the other end, November was the most stable month, with a tight range of 448.8524 COP (High: 13285.3897 / Low: 12836.5373).
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 1118.6803 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 15669.1226) against the same month in 2022 (average: 13021.2521), the exchange rate shifted by +2647.8705 (+20.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16211.4569 | 14701.0923 | 15425.2557 |
| February | 16213.7004 | 15151.7875 | 15669.1226 |
| March | 15860.5067 | 15026.7830 | 15520.9437 |
| April | 15243.4633 | 14346.3751 | 14798.9095 |
| May | 15292.9021 | 14274.1798 | 14794.7090 |
| June | 14397.2848 | 13253.1025 | 13676.0287 |
| July | 13720.4216 | 12795.6491 | 13252.6784 |
| August | 13493.7185 | 12732.5693 | 13224.4206 |
| September | 13329.3687 | 12638.6694 | 12987.0475 |
| October | 14071.4995 | 13190.4115 | 13648.5971 |
| November | 13285.3897 | 12836.5373 | 13066.8619 |
| December | 13049.0813 | 12500.8493 | 12852.1173 |