YEARLY HIGH
11.1533 COP
YEARLY LOW
8.2099 COP
YEARLY AVERAGE
9.4842 COP

2023 KZT to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 11.1533. Conversely, the yearly low was recorded on September 21, dropping to 8.2099.

This high-to-low spread represents a total annual volatility of 2.9434 COP. From a start-to-finish perspective, comparing the January average rate of 10.1892 to the December average rate of 8.6176, the exchange rate registered a net change of -15.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.1533 was up 1.78% compared to the 2022 peak of 10.9577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,766 COP
2022 Average 46,155 COP
Yearly Trough Low 41,050 COP
Transaction Impact: A difference of 14,716.77 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8320
8.3521
JanuMarcMayJulySeptNove

KZT 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 10.1584, compared to 8.8099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3485 points.

H1 Avg (Jan–Jun) 10.1584
H2 Avg (Jul–Dec) 8.8099

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.0548 COP (High: 11.0689 / Low: 10.0142). On the other end, December was the most stable month, with a tight range of 0.3225 COP (High: 8.7398 / Low: 8.4173).

February Spread (Volatile) ±1.0548
December Spread (Stable) ±0.3225

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 0.8122 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 10.5493) against the same month in 2022 (average: 7.5603), the exchange rate shifted by +2.9890 (+39.54%).

2023 Avg (March) 10.5493
2022 Avg (March) 7.5603

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6868 9.7197 10.1892
February 11.0689 10.0142 10.6253
March 11.1533 10.2121 10.5493
April 10.4053 9.7248 10.0420
May 10.5013 9.8079 10.1783
June 9.8709 9.0862 9.3662
July 9.4958 8.8299 9.1333
August 9.3754 8.8052 8.9882
September 8.9751 8.2099 8.5587
October 9.1418 8.5210 8.8593
November 8.9127 8.5305 8.7024
December 8.7398 8.4173 8.6176