2023 SZL to COP Historical Review

YEARLY HIGH

292.9175 COP

YEARLY LOW

206.0640 COP

YEARLY AVERAGE

235.0521 COP

2023 SZL to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 292.9175. Conversely, the yearly low was recorded on September 19, dropping to 206.0640.

This high-to-low spread represents a total annual volatility of 86.8535 COP. From a start-to-finish perspective, comparing the January average rate of 275.6318 to the December average rate of 212.3753, the exchange rate registered a net change of -22.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 292.9175 was up 1.42% compared to the 2022 peak of 288.8035, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,464,588 COP

2022 Average 1,299,285 COP

Yearly Trough Low 1,030,320 COP

Transaction Impact: A difference of 434,267.42 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

282.0407

205.1346

JanuMarcMayJulySeptNove

SZL 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 252.9292, compared to 217.1750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.7542 points.

H1 Avg (Jan–Jun) 252.9292

H2 Avg (Jul–Dec) 217.1750

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 32.9314 COP (High: 255.2892 / Low: 222.3578). On the other end, June was the most stable month, with a tight range of 9.3720 COP (High: 229.0826 / Low: 219.7106).

May Spread (Volatile) ±32.9314

June Spread (Stable) ±9.3720

Growth Streaks & Declines

Trends

No 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 14.1445 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -14.1445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 275.6318) against the same month in 2022 (average: 258.5387), the exchange rate shifted by +17.0931 (+6.61%).

2023 Avg (January) 275.6318

2022 Avg (January) 258.5387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	292.9175	260.7850	275.6318
February	274.3010	258.7746	267.9101
March	266.8575	255.0795	260.6930
April	263.2804	241.9788	250.1490
May	255.2892	222.3578	238.6678
June	229.0826	219.7106	224.5233
July	227.9355	218.1140	223.1256
August	223.1590	208.1192	216.8784
September	219.4089	206.0640	211.5435
October	225.1912	212.9843	221.3640
November	223.5839	209.2968	217.7631
December	219.1653	206.7580	212.3753