2023 NPR to COP Historical Review

YEARLY HIGH

37.5575 COP

YEARLY LOW

28.7725 COP

YEARLY AVERAGE

32.7557 COP

2023 NPR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 37.5575. Conversely, the yearly low was recorded on December 28, dropping to 28.7725.

This high-to-low spread represents a total annual volatility of 8.7851 COP. From a start-to-finish perspective, comparing the January average rate of 35.9994 to the December average rate of 29.6818, the exchange rate registered a net change of -17.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.5575 was down 3.41% compared to the 2022 peak of 38.8825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187,788 COP

2022 Average 169,054 COP

Yearly Trough Low 143,862 COP

Transaction Impact: A difference of 43,925.30 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.9500

29.0210

JanuMarcMayJulySeptNove

NPR 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 34.9179, compared to 30.5935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3244 points.

H1 Avg (Jan–Jun) 34.9179

H2 Avg (Jul–Dec) 30.5935

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.2148 COP (High: 37.5575 / Low: 34.3427). On the other end, November was the most stable month, with a tight range of 1.0906 COP (High: 30.8090 / Low: 29.7184).

January Spread (Volatile) ±3.2148

November Spread (Stable) ±1.0906

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 2.5411 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -2.5411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 35.9994) against the same month in 2022 (average: 33.6011), the exchange rate shifted by +2.3984 (+7.14%).

2023 Avg (January) 35.9994

2022 Avg (January) 33.6011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.5575	34.3427	35.9994
February	37.5487	35.0350	36.2892
March	36.9117	35.0558	36.1716
April	35.9224	33.5380	34.6061
May	35.8143	33.1879	34.4910
June	33.4858	31.0664	31.9499
July	31.9633	29.8381	30.9466
August	31.5239	29.7346	30.7378
September	31.0196	29.3185	30.1892
October	32.7698	30.6391	31.7267
November	30.8090	29.7184	30.2787
December	30.2381	28.7725	29.6818