2023 BIF to CLP Historical Review

YEARLY HIGH

0.4167 CLP

YEARLY LOW

0.2786 CLP

YEARLY AVERAGE

0.3360 CLP

2023 BIF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4167. Conversely, the yearly low was recorded on June 12, dropping to 0.2786.

This high-to-low spread represents a total annual volatility of 0.1381 CLP. From a start-to-finish perspective, comparing the January average rate of 0.3979 to the December average rate of 0.3073, the exchange rate registered a net change of -22.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4167 was down 18.48% compared to the 2022 peak of 0.5112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,084 CLP

2022 Average 2,140 CLP

Yearly Trough Low 1,393 CLP

Transaction Impact: A difference of 690.61 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4095

0.2705

JanuMarcMayJulySeptNove

BIF 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 0.3639, compared to 0.3082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0557 points.

H1 Avg (Jan–Jun) 0.3639

H2 Avg (Jul–Dec) 0.3082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1063 CLP (High: 0.3889 / Low: 0.2826). On the other end, June was the most stable month, with a tight range of 0.0078 CLP (High: 0.2864 / Low: 0.2786).

May Spread (Volatile) ±0.1063

June Spread (Stable) ±0.0078

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 May and June, when the average rate fell by 0.0586 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3979) against the same month in 2022 (average: 0.4099), the exchange rate shifted by -0.0119 (-2.91%).

2023 Avg (January) 0.3979

2022 Avg (January) 0.4099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4167	0.3826	0.3979
February	0.4024	0.3769	0.3864
March	0.4014	0.3789	0.3890
April	0.3956	0.3793	0.3872
May	0.3889	0.2826	0.3407
June	0.2864	0.2786	0.2821
July	0.2967	0.2820	0.2882
August	0.3079	0.2971	0.3023
September	0.3199	0.3015	0.3124
October	0.3337	0.3136	0.3268
November	0.3253	0.3055	0.3121
December	0.3134	0.3024	0.3073