YEARLY HIGH
0.2950 COP
YEARLY LOW
0.1868 COP
YEARLY AVERAGE
0.2342 COP

2023 LAK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.2950. Conversely, the yearly low was recorded on December 27, dropping to 0.1868.

This high-to-low spread represents a total annual volatility of 0.1082 COP. From a start-to-finish perspective, comparing the January average rate of 0.2774 to the December average rate of 0.1916, the exchange rate registered a net change of -30.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2950 was down 19.21% compared to the 2022 peak of 0.3652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,475 COP
2022 Average 1,510 COP
Yearly Trough Low 934 COP
Transaction Impact: A difference of 541.24 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2935
0.1823
JanuMarcMayJulySeptNove

LAK 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 0.2659, compared to 0.2025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0634 points.

H1 Avg (Jan–Jun) 0.2659
H2 Avg (Jul–Dec) 0.2025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0344 COP (High: 0.2498 / Low: 0.2154). On the other end, November was the most stable month, with a tight range of 0.0070 COP (High: 0.1981 / Low: 0.1911).

June Spread (Volatile) ±0.0344
November Spread (Stable) ±0.0070

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 0.0300 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2842) against the same month in 2022 (average: 0.3456), the exchange rate shifted by -0.0614 (-17.76%).

2023 Avg (February) 0.2842
2022 Avg (February) 0.3456

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2882 0.2663 0.2774
February 0.2950 0.2724 0.2842
March 0.2889 0.2719 0.2819
April 0.2759 0.2553 0.2645
May 0.2696 0.2472 0.2587
June 0.2498 0.2154 0.2287
July 0.2216 0.2045 0.2128
August 0.2149 0.2033 0.2095
September 0.2085 0.1950 0.2013
October 0.2128 0.1973 0.2049
November 0.1981 0.1911 0.1948
December 0.1945 0.1868 0.1916