YEARLY HIGH
32.1836 COP
YEARLY LOW
20.3734 COP
YEARLY AVERAGE
25.0406 COP

2023 LRD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 32.1836. Conversely, the yearly low was recorded on December 27, dropping to 20.3734.

This high-to-low spread represents a total annual volatility of 11.8101 COP. From a start-to-finish perspective, comparing the January average rate of 30.3413 to the December average rate of 21.0223, the exchange rate registered a net change of -30.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.1836 was down 2.44% compared to the 2022 peak of 32.9899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,918 COP
2022 Average 139,218 COP
Yearly Trough Low 101,867 COP
Transaction Impact: A difference of 59,050.74 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.6185
20.0590
JanuMarcMayJulySeptNove

LRD 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 28.3183, compared to 21.7630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5553 points.

H1 Avg (Jan–Jun) 28.3183
H2 Avg (Jul–Dec) 21.7630

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.5275 COP (High: 32.1836 / Low: 28.6561). On the other end, November was the most stable month, with a tight range of 0.8443 COP (High: 21.8949 / Low: 21.0506).

January Spread (Volatile) ±3.5275
November Spread (Stable) ±0.8443

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 3.1152 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.1152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 30.3413) against the same month in 2022 (average: 26.7874), the exchange rate shifted by +3.5540 (+13.27%).

2023 Avg (January) 30.3413
2022 Avg (January) 26.7874

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.1836 28.6561 30.3413
February 31.9029 29.4429 30.6552
March 31.1810 28.4020 29.8418
April 28.8033 26.9525 27.7984
May 28.3285 25.9573 27.1941
June 26.1807 22.9496 24.0789
July 23.1328 21.0830 22.1336
August 22.2247 20.9942 21.8591
September 22.0814 20.9239 21.5164
October 23.2875 21.8081 22.5858
November 21.8949 21.0506 21.4606
December 21.4238 20.3734 21.0223