2023 CAD to CLP Historical Review

YEARLY HIGH

695.4659 CLP

YEARLY LOW

574.8548 CLP

YEARLY AVERAGE

622.1518 CLP

2023 CAD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 695.4659. Conversely, the yearly low was recorded on March 11, dropping to 574.8548.

This high-to-low spread represents a total annual volatility of 120.6111 CLP. From a start-to-finish perspective, comparing the January average rate of 613.3711 to the December average rate of 653.2960, the exchange rate registered a net change of 6.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 695.4659 was down 14.79% compared to the 2022 peak of 816.1915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,477,330 CLP

2022 Average 3,356,970 CLP

Yearly Trough Low 2,874,274 CLP

Transaction Impact: A difference of 603,055.66 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

685.1526

580.7350

JanuMarcMayJulySeptNove

CAD 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 597.3423, compared to 646.9612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.6189 points.

H1 Avg (Jan–Jun) 597.3423

H2 Avg (Jul–Dec) 646.9612

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 52.1401 CLP (High: 695.4659 / Low: 643.3258). On the other end, April was the most stable month, with a tight range of 22.7329 CLP (High: 607.3580 / Low: 584.6251).

October Spread (Volatile) ±52.1401

April Spread (Stable) ±22.7329

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 30.0537 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -30.0537

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 676.4511) against the same month in 2022 (average: 696.1000), the exchange rate shifted by -19.6489 (-2.82%).

2023 Avg (October) 676.4511

2022 Avg (October) 696.1000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	633.7807	596.3488	613.3711
February	613.8292	585.8102	595.1561
March	604.4455	574.8548	589.4365
April	607.3580	584.6251	595.6185
May	598.2373	575.2828	589.7668
June	613.3920	589.2181	600.7048
July	636.8489	600.9830	616.3396
August	644.6759	621.0646	635.3440
September	673.3588	628.5076	653.9391
October	695.4659	643.3258	676.4511
November	670.8894	634.6890	646.3975
December	676.5710	638.5933	653.2960