2023 BTN to CLP Historical Review

YEARLY HIGH

11.3850 CLP

YEARLY LOW

9.5095 CLP

YEARLY AVERAGE

10.1744 CLP

2023 BTN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 11.3850. Conversely, the yearly low was recorded on February 2, dropping to 9.5095.

This high-to-low spread represents a total annual volatility of 1.8756 CLP. From a start-to-finish perspective, comparing the January average rate of 10.0602 to the December average rate of 10.5134, the exchange rate registered a net change of 4.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.3850 was down 13.65% compared to the 2022 peak of 13.1851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,925 CLP

2022 Average 55,613 CLP

Yearly Trough Low 47,547 CLP

Transaction Impact: A difference of 9,377.80 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.3016

9.5506

JanuMarcMayJulySeptNove

BTN 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 9.8034, compared to 10.5453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7420 points.

H1 Avg (Jan–Jun) 9.8034

H2 Avg (Jul–Dec) 10.5453

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7156 CLP (High: 10.3947 / Low: 9.6791). On the other end, August was the most stable month, with a tight range of 0.2884 CLP (High: 10.5034 / Low: 10.2150).

January Spread (Volatile) ±0.7156

August Spread (Stable) ±0.2884

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 0.5049 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.1557) against the same month in 2022 (average: 11.5903), the exchange rate shifted by -0.4346 (-3.75%).

2023 Avg (October) 11.1557

2022 Avg (October) 11.5903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3947	9.6791	10.0602
February	10.0581	9.5095	9.6979
March	10.1336	9.5951	9.8231
April	10.0836	9.6344	9.8309
May	9.9043	9.5522	9.6965
June	9.8964	9.5380	9.7116
July	10.2086	9.7332	9.9319
August	10.5034	10.2150	10.3458
September	10.9139	10.3119	10.6745
October	11.3850	10.7081	11.1557
November	11.1029	10.4297	10.6508
December	10.7348	10.3489	10.5134