2023 BRL to CLP Historical Review

YEARLY HIGH

188.6680 CLP

YEARLY LOW

151.2511 CLP

YEARLY AVERAGE

168.3613 CLP

2023 BRL to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 188.6680. Conversely, the yearly low was recorded on February 9, dropping to 151.2511.

This high-to-low spread represents a total annual volatility of 37.4169 CLP. From a start-to-finish perspective, comparing the January average rate of 158.6775 to the December average rate of 178.9005, the exchange rate registered a net change of 12.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 188.6680 was down 2.87% compared to the 2022 peak of 194.2435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 4,716,700 CLP

2022 Average 4,236,519 CLP

Yearly Trough Low 3,781,278 CLP

Transaction Impact: A difference of 935,421.56 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

186.1164

151.7871

JanuMarcMayJulySeptNove

BRL 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 158.9481, compared to 177.7745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.8264 points.

H1 Avg (Jan–Jun) 158.9481

H2 Avg (Jul–Dec) 177.7745

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 14.5569 CLP (High: 177.8075 / Low: 163.2506). On the other end, August was the most stable month, with a tight range of 4.4131 CLP (High: 176.8918 / Low: 172.4787).

July Spread (Volatile) ±14.5569

August Spread (Stable) ±4.4131

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 January and February, when the average rate fell by 4.0296 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.0296

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 180.8085) against the same month in 2022 (average: 173.8335), the exchange rate shifted by +6.9750 (+4.01%).

2023 Avg (November) 180.8085

2022 Avg (November) 173.8335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	161.0052	155.6390	158.6775
February	160.2164	151.2511	154.6479
March	157.9720	152.3639	154.9654
April	163.9629	156.2045	160.5444
May	162.5878	157.8845	160.3305
June	168.9482	159.9240	164.5229
July	177.8075	163.2506	169.9581
August	176.8918	172.4787	174.5572
September	182.5382	172.5428	179.1668
October	187.9178	176.6648	183.2557
November	188.6680	176.8098	180.8085
December	185.4327	175.8580	178.9005