YEARLY HIGH
19.8656 COP
YEARLY LOW
15.3391 COP
YEARLY AVERAGE
17.2775 COP

2023 YER to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 19.8656. Conversely, the yearly low was recorded on December 27, dropping to 15.3391.

This high-to-low spread represents a total annual volatility of 4.5265 COP. From a start-to-finish perspective, comparing the January average rate of 18.8293 to the December average rate of 15.8135, the exchange rate registered a net change of -16.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.8656 was down 2.01% compared to the 2022 peak of 20.2729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 99,328 COP
2022 Average 85,062 COP
Yearly Trough Low 76,695 COP
Transaction Impact: A difference of 22,632.62 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.4913
15.4791
JanuMarcMayJulySeptNove

YER 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 18.3383, compared to 16.2168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1216 points.

H1 Avg (Jan–Jun) 18.3383
H2 Avg (Jul–Dec) 16.2168

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.9538 COP (High: 19.8656 / Low: 17.9118). On the other end, November was the most stable month, with a tight range of 0.5878 COP (High: 16.4015 / Low: 15.8137).

January Spread (Volatile) ±1.9538
November Spread (Stable) ±0.5878

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 1.3545 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.3545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 18.8293) against the same month in 2022 (average: 15.9858), the exchange rate shifted by +2.8435 (+17.79%).

2023 Avg (January) 18.8293
2022 Avg (January) 15.9858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.8656 17.9118 18.8293
February 19.8631 18.4489 19.1570
March 19.4554 18.4071 19.0082
April 18.6730 17.5484 18.1132
May 18.7206 17.5355 18.1384
June 17.6865 16.2761 16.7839
July 16.7757 15.7007 16.2398
August 16.5742 15.6398 16.2699
September 16.4121 15.5859 16.0161
October 17.3494 16.2930 16.8607
November 16.4015 15.8137 16.1006
December 16.1005 15.3391 15.8135