YEARLY HIGH
264.7715 COP
YEARLY LOW
216.9579 COP
YEARLY AVERAGE
238.7530 COP

2023 MDL to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 264.7715. Conversely, the yearly low was recorded on September 19, dropping to 216.9579.

This high-to-low spread represents a total annual volatility of 47.8136 COP. From a start-to-finish perspective, comparing the January average rate of 248.1570 to the December average rate of 224.7520, the exchange rate registered a net change of -9.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 264.7715 was up 0.52% compared to the 2022 peak of 263.4036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,323,858 COP
2022 Average 1,126,987 COP
Yearly Trough Low 1,084,790 COP
Transaction Impact: A difference of 239,068.11 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

258.9747
219.8170
JanuMarcMayJulySeptNove

MDL 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 250.1772, compared to 227.3287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.8485 points.

H1 Avg (Jan–Jun) 250.1772
H2 Avg (Jul–Dec) 227.3287

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 24.8885 COP (High: 249.5282 / Low: 224.6397). On the other end, July was the most stable month, with a tight range of 8.3756 COP (High: 230.8448 / Low: 222.4691).

June Spread (Volatile) ±24.8885
July Spread (Stable) ±8.3756

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 May and June, when the average rate fell by 20.7766 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.7766

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 255.4897) against the same month in 2022 (average: 220.1340), the exchange rate shifted by +35.3556 (+16.06%).

2023 Avg (February) 255.4897
2022 Avg (February) 220.1340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 259.1086 238.6732 248.1570
February 264.7715 245.9694 255.4897
March 262.2841 250.8702 255.7115
April 259.8293 245.4848 251.3715
May 261.5292 247.2887 255.5552
June 249.5282 224.6397 234.7785
July 230.8448 222.4691 227.1403
August 236.4292 220.5935 230.3646
September 230.9996 216.9579 223.0801
October 239.2898 223.2860 232.7987
November 230.3585 220.5581 225.8364
December 229.2452 220.8126 224.7520