YEARLY HIGH
2511.7750 CLP
YEARLY LOW
2072.2977 CLP
YEARLY AVERAGE
2229.2616 CLP

2023 BHD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 2511.7750. Conversely, the yearly low was recorded on February 2, dropping to 2072.2977.

This high-to-low spread represents a total annual volatility of 439.4774 CLP. From a start-to-finish perspective, comparing the January average rate of 2184.0319 to the December average rate of 2323.2298, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2511.7750 was down 9.88% compared to the 2022 peak of 2787.0879, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,558,875 CLP
2022 Average 11,598,390 CLP
Yearly Trough Low 10,361,488 CLP
Transaction Impact: A difference of 2,197,386.76 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2494.9525
2082.9556
JanuMarcMayJulySeptNove

BHD 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 2137.9933, compared to 2320.5300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 182.5367 points.

H1 Avg (Jan–Jun) 2137.9933
H2 Avg (Jul–Dec) 2320.5300

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 181.2091 CLP (High: 2286.4004 / Low: 2105.1913). On the other end, June was the most stable month, with a tight range of 57.1217 CLP (High: 2145.5373 / Low: 2088.4155).

January Spread (Volatile) ±181.2091
June Spread (Stable) ±57.1217

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 109.2632 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -109.2632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2460.6194) against the same month in 2022 (average: 2529.1516), the exchange rate shifted by -68.5322 (-2.71%).

2023 Avg (October) 2460.6194
2022 Avg (October) 2529.1516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2286.4004 2105.1913 2184.0319
February 2210.1225 2072.2977 2126.5934
March 2218.4147 2091.1427 2144.1715
April 2185.1521 2100.3503 2137.2189
May 2156.3029 2084.4829 2117.2887
June 2145.5373 2088.4155 2118.6552
July 2229.4518 2121.9315 2164.7943
August 2315.4075 2232.4818 2272.2129
September 2411.7336 2265.4023 2350.9673
October 2511.7750 2359.5809 2460.6194
November 2455.8155 2305.7784 2351.3562
December 2370.6575 2277.4727 2323.2298