2023 BMD to CLP Historical Review

YEARLY HIGH

946.9367 CLP

YEARLY LOW

781.2500 CLP

YEARLY AVERAGE

840.0629 CLP

2023 BMD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 946.9367. Conversely, the yearly low was recorded on February 2, dropping to 781.2500.

This high-to-low spread represents a total annual volatility of 165.6867 CLP. From a start-to-finish perspective, comparing the January average rate of 823.2221 to the December average rate of 875.9924, 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 946.9367 was down 9.88% compared to the 2022 peak of 1050.7600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,734,683 CLP

2022 Average 4,372,739 CLP

Yearly Trough Low 3,906,250 CLP

Transaction Impact: A difference of 828,433.34 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

940.5721

784.9007

JanuMarcMayJulySeptNove

BMD 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 805.4775, compared to 874.6482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 69.1707 points.

H1 Avg (Jan–Jun) 805.4775

H2 Avg (Jul–Dec) 874.6482

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 68.4182 CLP (High: 862.0690 / Low: 793.6508). On the other end, June was the most stable month, with a tight range of 19.0500 CLP (High: 806.4516 / Low: 787.4016).

January Spread (Volatile) ±68.4182

June Spread (Stable) ±19.0500

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 41.5122 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -41.5122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 927.5995) against the same month in 2022 (average: 953.9664), the exchange rate shifted by -26.3669 (-2.76%).

2023 Avg (October) 927.5995

2022 Avg (October) 953.9664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	862.0690	793.6508	823.2221
February	833.3333	781.2500	800.9863
March	830.6100	788.3608	807.5478
April	819.6721	790.9100	805.0716
May	813.0081	785.7500	797.8734
June	806.4516	787.4016	798.1638
July	840.3361	800.0000	815.3980
August	871.1100	841.6300	856.7351
September	909.0909	853.3204	886.0770
October	946.9367	891.1500	927.5995
November	925.9259	869.5652	886.0873
December	892.8769	862.0690	875.9924