2023 BND to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BND to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BND to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 691.0000. Conversely, the yearly low was recorded on June 8, dropping to 584.4349.
This high-to-low spread represents a total annual volatility of 106.5650 CLP. From a start-to-finish perspective, comparing the January average rate of 620.3263 to the December average rate of 657.5377, the exchange rate registered a net change of 6.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 691.0000 was down 8.47% compared to the 2022 peak of 754.9116, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BND to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 603.1287, compared to 648.0378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.9091 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 41.4232 CLP (High: 631.6151 / Low: 590.1919). On the other end, June was the most stable month, with a tight range of 16.7804 CLP (High: 601.2153 / Low: 584.4349).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 20.5941 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 677.7159) against the same month in 2022 (average: 668.9101), the exchange rate shifted by +8.8057 (+1.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 640.4925 | 602.5612 | 620.3263 |
| February | 617.7099 | 588.7482 | 601.3804 |
| March | 623.1328 | 589.0676 | 602.7751 |
| April | 619.9582 | 593.5031 | 605.2469 |
| May | 606.9407 | 588.3762 | 595.9299 |
| June | 601.2153 | 584.4349 | 593.1135 |
| July | 631.6151 | 590.1919 | 611.0999 |
| August | 642.9855 | 623.2098 | 634.3686 |
| September | 662.4936 | 631.9553 | 650.3828 |
| October | 691.0000 | 652.8380 | 677.7159 |
| November | 680.3481 | 645.8341 | 657.1218 |
| December | 674.2914 | 644.5727 | 657.5377 |