YEARLY HIGH
0.6793 COP
YEARLY LOW
0.5257 COP
YEARLY AVERAGE
0.5937 COP

2023 PYG to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.6793. Conversely, the yearly low was recorded on December 27, dropping to 0.5257.

This high-to-low spread represents a total annual volatility of 0.1535 COP. From a start-to-finish perspective, comparing the January average rate of 0.6391 to the December average rate of 0.5377, the exchange rate registered a net change of -15.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6793 was down 3.35% compared to the 2022 peak of 0.7028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,396 COP
2022 Average 3,047 COP
Yearly Trough Low 2,629 COP
Transaction Impact: A difference of 767.61 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6743
0.5253
JanuMarcMayJulySeptNove

PYG 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 0.6335, compared to 0.5539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0797 points.

H1 Avg (Jan–Jun) 0.6335
H2 Avg (Jul–Dec) 0.5539

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0721 COP (High: 0.6791 / Low: 0.6071). On the other end, November was the most stable month, with a tight range of 0.0193 COP (High: 0.5519 / Low: 0.5326).

January Spread (Volatile) ±0.0721
November Spread (Stable) ±0.0193

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 0.0510 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6568) against the same month in 2022 (average: 0.5650), the exchange rate shifted by +0.0919 (+16.26%).

2023 Avg (February) 0.6568
2022 Avg (February) 0.5650

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6791 0.6071 0.6391
February 0.6793 0.6277 0.6568
March 0.6772 0.6426 0.6619
April 0.6552 0.6144 0.6334
May 0.6514 0.6087 0.6305
June 0.6090 0.5595 0.5795
July 0.5803 0.5400 0.5598
August 0.5731 0.5380 0.5600
September 0.5646 0.5374 0.5511
October 0.5968 0.5485 0.5727
November 0.5519 0.5326 0.5420
December 0.5454 0.5257 0.5377