2023 SBD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 601.6357. Conversely, the yearly low was recorded on December 27, dropping to 454.8928.
This high-to-low spread represents a total annual volatility of 146.7428 COP. From a start-to-finish perspective, comparing the January average rate of 570.3040 to the December average rate of 467.8590, the exchange rate registered a net change of -17.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 601.6357 was down 2.63% compared to the 2022 peak of 617.9152, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD 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 554.5121, compared to 482.6712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 71.8409 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 57.8901 COP (High: 601.6357 / Low: 543.7456). On the other end, December was the most stable month, with a tight range of 20.6546 COP (High: 475.5474 / Low: 454.8928).
Growth Streaks & Declines
TrendsNo 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 41.2568 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 570.3040) against the same month in 2022 (average: 495.4017), the exchange rate shifted by +74.9023 (+15.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 601.6357 | 543.7456 | 570.3040 |
| February | 601.5354 | 560.3192 | 582.4355 |
| March | 591.5354 | 559.7469 | 578.1453 |
| April | 567.8604 | 529.1436 | 546.8211 |
| May | 563.5147 | 526.7502 | 545.3117 |
| June | 531.2844 | 488.9314 | 504.0549 |
| July | 503.9753 | 470.7664 | 485.9474 |
| August | 495.8137 | 467.8597 | 486.6362 |
| September | 490.7145 | 463.5212 | 477.3463 |
| October | 513.0446 | 484.8800 | 500.4993 |
| November | 488.1009 | 467.0777 | 477.7391 |
| December | 475.5474 | 454.8928 | 467.8590 |