YEARLY HIGH
691.0000 CLP
YEARLY LOW
584.4349 CLP
YEARLY AVERAGE
625.5832 CLP

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.

Transfer Payout Power Comparison

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

Yearly Peak High 3,455,000 CLP
2022 Average 3,169,364 CLP
Yearly Trough Low 2,922,175 CLP
Transaction Impact: A difference of 532,825.17 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

686.1761
584.6533
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 603.1287
H2 Avg (Jul–Dec) 648.0378

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±41.4232
June Spread (Stable) ±16.7804

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 October and November, when the average rate fell by 20.5941 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -20.5941

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (October) 677.7159
2022 Avg (October) 668.9101

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