2023 PLN to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |