YEARLY HIGH
0.0047 AED
YEARLY LOW
0.0039 AED
YEARLY AVERAGE
0.0044 AED

2023 CLP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0047. Conversely, the yearly low was recorded on October 16, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0008 AED. From a start-to-finish perspective, comparing the January average rate of 0.0045 to the December average rate of 0.0042, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0047 was down 0.43% compared to the 2022 peak of 0.0047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 4,701 AED
2022 Average 4,219 AED
Yearly Trough Low 3,879 AED
Transaction Impact: A difference of 822.57 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0047
0.0039
JanuMarcMayJulySeptNove

CLP to AED 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 0.0046, compared to 0.0042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0046
H2 Avg (Jul–Dec) 0.0042

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 AED (High: 0.0046 / Low: 0.0043). On the other end, June was the most stable month, with a tight range of 0.0001 AED (High: 0.0047 / Low: 0.0046).

January Spread (Volatile) ±0.0004
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0046) against the same month in 2022 (average: 0.0045), the exchange rate shifted by +0.0000 (+0.96%).

2023 Avg (February) 0.0046
2022 Avg (February) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0043 0.0045
February 0.0047 0.0044 0.0046
March 0.0047 0.0044 0.0045
April 0.0046 0.0045 0.0046
May 0.0047 0.0045 0.0046
June 0.0047 0.0046 0.0046
July 0.0046 0.0044 0.0045
August 0.0044 0.0042 0.0043
September 0.0043 0.0040 0.0041
October 0.0041 0.0039 0.0040
November 0.0042 0.0040 0.0041
December 0.0043 0.0041 0.0042