YEARLY HIGH
469.6391 CLP
YEARLY LOW
387.6123 CLP
YEARLY AVERAGE
416.9787 CLP

2023 BZD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 469.6391. Conversely, the yearly low was recorded on February 2, dropping to 387.6123.

This high-to-low spread represents a total annual volatility of 82.0268 CLP. From a start-to-finish perspective, comparing the January average rate of 408.4008 to the December average rate of 434.1339, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 469.6391 was down 10.05% compared to the 2022 peak of 522.1152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,348,196 CLP
2022 Average 2,169,552 CLP
Yearly Trough Low 1,938,061 CLP
Transaction Impact: A difference of 410,134.24 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

466.9688
389.5742
JanuMarcMayJulySeptNove

BZD 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 399.8747, compared to 434.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.2080 points.

H1 Avg (Jan–Jun) 399.8747
H2 Avg (Jul–Dec) 434.0827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 33.9188 CLP (High: 427.6630 / Low: 393.7442). On the other end, June was the most stable month, with a tight range of 11.7926 CLP (High: 402.4625 / Low: 390.6700).

January Spread (Volatile) ±33.9188
June Spread (Stable) ±11.7926

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 20.4029 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -20.4029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 460.5192) against the same month in 2022 (average: 473.7049), the exchange rate shifted by -13.1857 (-2.78%).

2023 Avg (October) 460.5192
2022 Avg (October) 473.7049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 427.6630 393.7442 408.4008
February 413.4256 387.6123 397.3313
March 415.1894 391.0528 401.6420
April 408.9966 392.6645 399.8096
May 403.4666 389.4899 396.0237
June 402.4625 390.6700 396.0407
July 416.6381 396.7109 405.0049
August 433.2377 417.3704 425.0340
September 450.5328 423.3173 439.6878
October 469.6391 441.1579 460.5192
November 458.9870 431.3347 440.1164
December 442.7721 427.5436 434.1339