YEARLY HIGH
557.0216 CLP
YEARLY LOW
459.5588 CLP
YEARLY AVERAGE
494.1286 CLP

2023 AZN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 557.0216. Conversely, the yearly low was recorded on February 2, dropping to 459.5588.

This high-to-low spread represents a total annual volatility of 97.4627 CLP. From a start-to-finish perspective, comparing the January average rate of 484.2428 to the December average rate of 515.2897, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 557.0216 was down 9.88% compared to the 2022 peak of 618.0941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,785,108 CLP
2022 Average 2,572,215 CLP
Yearly Trough Low 2,297,794 CLP
Transaction Impact: A difference of 487,313.73 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

553.2777
461.7063
JanuMarcMayJulySeptNove

AZN to CLP 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 473.7848, compared to 514.4723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.6875 points.

H1 Avg (Jan–Jun) 473.7848
H2 Avg (Jul–Dec) 514.4723

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 40.2460 CLP (High: 507.0994 / Low: 466.8534). On the other end, June was the most stable month, with a tight range of 11.2059 CLP (High: 474.3833 / Low: 463.1774).

January Spread (Volatile) ±40.2460
June Spread (Stable) ±11.2059

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 24.5303 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -24.5303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 545.6468) against the same month in 2022 (average: 561.1567), the exchange rate shifted by -15.5099 (-2.76%).

2023 Avg (October) 545.6468
2022 Avg (October) 561.1567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 507.0994 466.8534 484.2428
February 490.1961 459.5588 471.1684
March 488.5941 463.7416 474.9307
April 482.1601 465.2412 473.5714
May 478.2401 462.2059 469.3373
June 474.3833 463.1774 469.4584
July 494.3154 469.9604 479.5975
August 512.4176 495.0765 503.9618
September 534.7594 501.9532 521.2218
October 557.0216 524.2059 545.6468
November 544.6623 511.5090 521.1164
December 525.2217 507.0994 515.2897