YEARLY HIGH
376.7815 COP
YEARLY LOW
280.6330 COP
YEARLY AVERAGE
321.8624 COP

2023 SCR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 376.7815. Conversely, the yearly low was recorded on July 21, dropping to 280.6330.

This high-to-low spread represents a total annual volatility of 96.1486 COP. From a start-to-finish perspective, comparing the January average rate of 348.3974 to the December average rate of 294.6479, the exchange rate registered a net change of -15.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 376.7815 was down 4.59% compared to the 2022 peak of 394.9000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,883,908 COP
2022 Average 1,574,594 COP
Yearly Trough Low 1,403,165 COP
Transaction Impact: A difference of 480,742.77 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

360.0750
288.6999
JanuMarcMayJulySeptNove

SCR 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 339.1676, compared to 304.5571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.6106 points.

H1 Avg (Jan–Jun) 339.1676
H2 Avg (Jul–Dec) 304.5571

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 56.5083 COP (High: 376.7815 / Low: 320.2732). On the other end, August was the most stable month, with a tight range of 14.1176 COP (High: 310.9865 / Low: 296.8689).

January Spread (Volatile) ±56.5083
August Spread (Stable) ±14.1176

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 29.7517 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -29.7517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 348.3974) against the same month in 2022 (average: 290.8758), the exchange rate shifted by +57.5216 (+19.78%).

2023 Avg (January) 348.3974
2022 Avg (January) 290.8758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 376.7815 320.2732 348.3974
February 373.8385 327.9644 354.1271
March 369.6313 333.4349 353.6264
April 348.3535 317.7388 335.6558
May 356.3233 313.5832 336.4755
June 328.8879 289.4672 306.7238
July 320.1767 280.6330 304.3207
August 310.9865 296.8689 304.5383
September 317.8402 286.5136 305.1875
October 338.7224 295.2125 316.8664
November 313.8465 288.5490 301.7818
December 310.1440 281.8504 294.6479