YEARLY HIGH
512.1859 CLP
YEARLY LOW
429.9507 CLP
YEARLY AVERAGE
464.5604 CLP

2023 BAM to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 512.1859. Conversely, the yearly low was recorded on February 17, dropping to 429.9507.

This high-to-low spread represents a total annual volatility of 82.2351 CLP. From a start-to-finish perspective, comparing the January average rate of 452.8588 to the December average rate of 488.9326, the exchange rate registered a net change of 7.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 512.1859 was down 7.11% compared to the 2022 peak of 551.3665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,560,929 CLP
2022 Average 2,349,874 CLP
Yearly Trough Low 2,149,754 CLP
Transaction Impact: A difference of 411,175.57 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

507.4984
432.4587
JanuMarcMayJulySeptNove

BAM 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 445.2131, compared to 483.9077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.6946 points.

H1 Avg (Jan–Jun) 445.2131
H2 Avg (Jul–Dec) 483.9077

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 29.8175 CLP (High: 512.1859 / Low: 482.3684). On the other end, May was the most stable month, with a tight range of 16.5027 CLP (High: 454.2837 / Low: 437.7810).

October Spread (Volatile) ±29.8175
May Spread (Stable) ±16.5027

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 14.1468 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -14.1468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 501.2451) against the same month in 2022 (average: 478.9089), the exchange rate shifted by +22.3362 (+4.66%).

2023 Avg (October) 501.2451
2022 Avg (October) 478.9089

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 464.0635 439.7191 452.8588
February 450.0306 429.9507 438.7121
March 454.8442 430.3060 442.0006
April 460.3566 440.4881 451.7388
May 454.2837 437.7810 443.7015
June 453.7538 432.0059 442.2669
July 473.9254 445.1171 461.0824
August 485.3367 466.6265 478.0710
September 490.8885 473.2072 484.4843
October 512.1859 482.3684 501.2451
November 505.5475 478.5471 489.6306
December 503.1502 479.5079 488.9326