2023 CLP to PHP Historical Review

YEARLY HIGH

0.0712 PHP

YEARLY LOW

0.0598 PHP

YEARLY AVERAGE

0.0664 PHP

2023 CLP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0712. Conversely, the yearly low was recorded on October 16, dropping to 0.0598.

This high-to-low spread represents a total annual volatility of 0.0114 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0667 to the December average rate of 0.0634, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0712 was up 6.24% compared to the 2022 peak of 0.0670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 71,225 PHP

2022 Average 62,435 PHP

Yearly Trough Low 59,788 PHP

Transaction Impact: A difference of 11,437.87 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

0.0708

0.0604

JanuMarcMayJulySeptNove

CLP to PHP 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 0.0686, compared to 0.0641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0686

H2 Avg (Jul–Dec) 0.0641

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0044 PHP (High: 0.0710 / Low: 0.0665). On the other end, June was the most stable month, with a tight range of 0.0023 PHP (High: 0.0712 / Low: 0.0689).

April Spread (Volatile) ±0.0044

June Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0699) against the same month in 2022 (average: 0.0618), the exchange rate shifted by +0.0081 (+13.07%).

2023 Avg (May) 0.0699

2022 Avg (May) 0.0618

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.0689	0.0649	0.0667
February	0.0701	0.0664	0.0685
March	0.0694	0.0656	0.0678
April	0.0710	0.0665	0.0686
May	0.0712	0.0685	0.0699
June	0.0712	0.0689	0.0699
July	0.0695	0.0651	0.0674
August	0.0670	0.0645	0.0657
September	0.0665	0.0626	0.0641
October	0.0636	0.0598	0.0612
November	0.0640	0.0604	0.0629
December	0.0646	0.0620	0.0634

2023 CLP থেকে PHP-এর ঐতিহাসিক পর্যালোচনা