YEARLY HIGH
264.8804 COP
YEARLY LOW
130.2339 COP
YEARLY AVERAGE
189.9665 COP

2023 TRY to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 264.8804. Conversely, the yearly low was recorded on December 28, dropping to 130.2339.

This high-to-low spread represents a total annual volatility of 134.6465 COP. From a start-to-finish perspective, comparing the January average rate of 250.9783 to the December average rate of 135.9936, the exchange rate registered a net change of -45.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 264.8804 was down 15.39% compared to the 2022 peak of 313.0739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 13,244,021 COP
2022 Average 12,913,925 COP
Yearly Trough Low 6,511,696 COP
Transaction Impact: A difference of 6,732,324.81 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

266.2639
124.1508
JanuMarcMayJulySeptNove

TRY 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: JanтАУJun) was 233.0339, compared to 146.8991 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 86.1348 points.

H1 Avg (JanтАУJun) 233.0339
H2 Avg (JulтАУDec) 146.8991

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 52.3261 COP (High: 211.8489 / Low: 159.5228). On the other end, November was the most stable month, with a tight range of 8.1710 COP (High: 144.9196 / Low: 136.7486).

June Spread (Volatile) ┬▒52.3261
November Spread (Stable) ┬▒8.1710

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 51.5125 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -51.5125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 250.9783) against the same month in 2022 (average: 295.7039), the exchange rate shifted by -44.7256 (-15.13%).

2023 Avg (January) 250.9783
2022 Avg (January) 295.7039

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 264.8804 238.4512 250.9783
February 263.3831 245.4752 254.4211
March 257.3101 240.2529 250.4162
April 243.4791 226.7662 234.4296
May 240.5004 211.4828 229.7353
June 211.8489 159.5228 178.2228
July 161.6449 145.8459 153.6445
August 157.9355 145.1329 151.3221
September 153.8190 144.4013 148.4501
October 156.7740 144.6523 151.3643
November 144.9196 136.7486 140.6201
December 139.3636 130.2339 135.9936