YEARLY HIGH
1146.8442 COP
YEARLY LOW
894.4377 COP
YEARLY AVERAGE
1029.2446 COP

2023 PLN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1146.8442. Conversely, the yearly low was recorded on September 19, dropping to 894.4377.

This high-to-low spread represents a total annual volatility of 252.4065 COP. From a start-to-finish perspective, comparing the January average rate of 1087.3986 to the December average rate of 997.6447, the exchange rate registered a net change of -8.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1146.8442 was up 4.08% compared to the 2022 peak of 1101.8915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 22,936,884 COP
2022 Average 19,102,976 COP
Yearly Trough Low 17,888,755 COP
Transaction Impact: A difference of 5,048,129.45 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1103.0554
915.1748
JanuMarcMayJulySeptNove

PLN 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 1072.4571, compared to 986.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 86.4252 points.

H1 Avg (Jan–Jun) 1072.4571
H2 Avg (Jul–Dec) 986.0320

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 108.1214 COP (High: 1146.8442 / Low: 1038.7228). On the other end, December was the most stable month, with a tight range of 28.4797 COP (High: 1010.9511 / Low: 982.4715).

January Spread (Volatile) ±108.1214
December Spread (Stable) ±28.4797

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 65.6558 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -65.6558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1087.3986) against the same month in 2022 (average: 994.6315), the exchange rate shifted by +92.7671 (+9.33%).

2023 Avg (January) 1087.3986
2022 Avg (January) 994.6315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1146.8442 1038.7228 1087.3986
February 1110.4127 1059.3845 1081.7279
March 1109.8149 1066.8486 1085.8294
April 1120.0965 1040.3871 1071.6689
May 1128.8453 1036.9181 1086.7272
June 1054.6623 1000.2452 1021.3907
July 1039.6987 981.0834 1011.4388
August 1028.1346 968.5467 996.4873
September 990.6138 894.4377 930.8315
October 1013.5584 930.5601 988.8289
November 1027.8423 952.8789 990.9606
December 1010.9511 982.4715 997.6447