YEARLY HIGH
0.4222 CLP
YEARLY LOW
0.3091 CLP
YEARLY AVERAGE
0.3620 CLP

2023 CDF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4222. Conversely, the yearly low was recorded on December 19, dropping to 0.3091.

This high-to-low spread represents a total annual volatility of 0.1131 CLP. From a start-to-finish perspective, comparing the January average rate of 0.4019 to the December average rate of 0.3218, the exchange rate registered a net change of -19.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4222 was down 19.77% compared to the 2022 peak of 0.5262, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,111 CLP
2022 Average 2,165 CLP
Yearly Trough Low 1,545 CLP
Transaction Impact: A difference of 565.58 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4099
0.3138
JanuMarcMayJulySeptNove

CDF 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 0.3786, compared to 0.3453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0333 points.

H1 Avg (Jan–Jun) 0.3786
H2 Avg (Jul–Dec) 0.3453

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0502 CLP (High: 0.3700 / Low: 0.3198). On the other end, June was the most stable month, with a tight range of 0.0141 CLP (High: 0.3466 / Low: 0.3326).

November Spread (Volatile) ±0.0502
June Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0276 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0276

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4019) against the same month in 2022 (average: 0.4092), the exchange rate shifted by -0.0074 (-1.80%).

2023 Avg (January) 0.4019
2022 Avg (January) 0.4092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4222 0.3860 0.4019
February 0.4040 0.3786 0.3884
March 0.4021 0.3815 0.3905
April 0.3995 0.3680 0.3870
May 0.3920 0.3423 0.3658
June 0.3466 0.3326 0.3382
July 0.3391 0.3234 0.3303
August 0.3556 0.3392 0.3460
September 0.3651 0.3439 0.3568
October 0.3802 0.3497 0.3684
November 0.3700 0.3198 0.3487
December 0.3338 0.3091 0.3218