YEARLY HIGH
69.2007 CLP
YEARLY LOW
58.1052 CLP
YEARLY AVERAGE
62.8929 CLP

2023 BWP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 69.2007. Conversely, the yearly low was recorded on May 28, dropping to 58.1052.

This high-to-low spread represents a total annual volatility of 11.0955 CLP. From a start-to-finish perspective, comparing the January average rate of 64.4455 to the December average rate of 64.8641, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 69.2007 was down 16.20% compared to the 2022 peak of 82.5779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 346,004 CLP
2022 Average 353,331 CLP
Yearly Trough Low 290,526 CLP
Transaction Impact: A difference of 55,477.41 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

68.3629
58.4154
JanuMarcMayJulySeptNove

BWP 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 61.1213, compared to 64.6644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5431 points.

H1 Avg (Jan–Jun) 61.1213
H2 Avg (Jul–Dec) 64.6644

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.4907 CLP (High: 67.1601 / Low: 61.6694). On the other end, August was the most stable month, with a tight range of 1.6627 CLP (High: 64.2616 / Low: 62.5988).

January Spread (Volatile) ±5.4907
August Spread (Stable) ±1.6627

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 3.2267 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.2267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 67.5339) against the same month in 2022 (average: 71.3131), the exchange rate shifted by -3.7792 (-5.30%).

2023 Avg (October) 67.5339
2022 Avg (October) 71.3131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.1601 61.6694 64.4455
February 62.5849 59.6987 61.2188
March 63.0598 59.4729 61.0921
April 62.6515 60.1028 61.3422
May 61.2252 58.1052 59.2444
June 60.8541 58.1899 59.3851
July 64.1627 59.2684 61.6103
August 64.2616 62.5988 63.4914
September 66.2024 63.1826 64.9272
October 69.2007 65.1800 67.5339
November 67.8620 64.0776 65.5596
December 66.5806 63.6624 64.8641