2023 LKR to COP Historical Review

YEARLY HIGH

15.1846 COP

YEARLY LOW

11.8236 COP

YEARLY AVERAGE

13.1763 COP

2023 LKR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 15.1846. Conversely, the yearly low was recorded on December 28, dropping to 11.8236.

This high-to-low spread represents a total annual volatility of 3.3611 COP. From a start-to-finish perspective, comparing the January average rate of 12.8878 to the December average rate of 12.1102, the exchange rate registered a net change of -6.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.1846 was down 24.86% compared to the 2022 peak of 20.2072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,923 COP

2022 Average 68,253 COP

Yearly Trough Low 59,118 COP

Transaction Impact: A difference of 16,805.41 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.9137

11.8553

JanuMarcMayJulySeptNove

LKR 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 13.8181, compared to 12.5346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2835 points.

H1 Avg (Jan–Jun) 13.8181

H2 Avg (Jul–Dec) 12.5346

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 2.1609 COP (High: 15.1846 / Low: 13.0237). On the other end, December was the most stable month, with a tight range of 0.4617 COP (High: 12.2853 / Low: 11.8236).

June Spread (Volatile) ±2.1609

December Spread (Stable) ±0.4617

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 June and July, when the average rate fell by 1.1515 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1515

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 13.8984) against the same month in 2022 (average: 10.9261), the exchange rate shifted by +2.9723 (+27.20%).

2023 Avg (June) 13.8984

2022 Avg (June) 10.9261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5966	12.3213	12.8878
February	13.6268	12.5671	13.1373
March	15.0007	13.0606	14.2413
April	14.6736	13.5866	14.0849
May	15.1127	14.1388	14.6588
June	15.1846	13.0237	13.8984
July	13.6466	11.8926	12.7468
August	13.0092	12.2691	12.6571
September	12.8337	12.0200	12.4067
October	13.4640	12.4943	12.9897
November	12.5283	12.0204	12.2969
December	12.2853	11.8236	12.1102