YEARLY HIGH
3.2670 COP
YEARLY LOW
0.2552 COP
YEARLY AVERAGE
0.5611 COP

2023 LBP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 3.2670. Conversely, the yearly low was recorded on December 28, dropping to 0.2552.

This high-to-low spread represents a total annual volatility of 3.0118 COP. From a start-to-finish perspective, comparing the January average rate of 3.1093 to the December average rate of 0.2629, the exchange rate registered a net change of -91.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.2670 was down 2.39% compared to the 2022 peak of 3.3470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,335 COP
2022 Average 14,045 COP
Yearly Trough Low 1,276 COP
Transaction Impact: A difference of 15,059.13 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.3940
-0.0217
JanuMarcMayJulySeptNove

LBP 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 0.8524, compared to 0.2699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5825 points.

H1 Avg (Jan–Jun) 0.8524
H2 Avg (Jul–Dec) 0.2699

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.8013 COP (High: 3.1073 / Low: 0.3060). On the other end, November was the most stable month, with a tight range of 0.0100 COP (High: 0.2732 / Low: 0.2632).

February Spread (Volatile) ±2.8013
November Spread (Stable) ±0.0100

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 January and February, when the average rate fell by 2.2992 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.2992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3.1093) against the same month in 2022 (average: 2.6464), the exchange rate shifted by +0.4629 (+17.49%).

2023 Avg (January) 3.1093
2022 Avg (January) 2.6464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.2670 2.9572 3.1093
February 3.1073 0.3060 0.8102
March 0.3224 0.3051 0.3156
April 0.3117 0.2900 0.3004
May 0.3095 0.2907 0.3010
June 0.2951 0.2671 0.2779
July 0.2807 0.2599 0.2698
August 0.2764 0.2591 0.2704
September 0.2732 0.2596 0.2664
October 0.2901 0.2710 0.2810
November 0.2732 0.2632 0.2686
December 0.2673 0.2552 0.2629