2023 CLP to AFN Historical Review

YEARLY HIGH

0.1151 AFN

YEARLY LOW

0.0774 AFN

YEARLY AVERAGE

0.0991 AFN

2023 CLP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.1151. Conversely, the yearly low was recorded on November 18, dropping to 0.0774.

This high-to-low spread represents a total annual volatility of 0.0378 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1080 to the December average rate of 0.0799, the exchange rate registered a net change of -26.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1151 was down 12.58% compared to the 2022 peak of 0.1317, 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 115,112 AFN

2022 Average 103,529 AFN

Yearly Trough Low 77,351 AFN

Transaction Impact: A difference of 37,760.55 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1152

0.0766

JanuMarcMayJulySeptNove

CLP to AFN 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 0.1091, compared to 0.0891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.1091

H2 Avg (Jul–Dec) 0.0891

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0115 AFN (High: 0.0953 / Low: 0.0838). On the other end, December was the most stable month, with a tight range of 0.0035 AFN (High: 0.0818 / Low: 0.0783).

September Spread (Volatile) ±0.0115

December Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0106 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1076) against the same month in 2022 (average: 0.1071), the exchange rate shifted by +0.0005 (+0.50%).

2023 Avg (April) 0.1076

2022 Avg (April) 0.1071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1121	0.1019	0.1080
February	0.1148	0.1053	0.1120
March	0.1117	0.1049	0.1085
April	0.1151	0.1051	0.1076
May	0.1120	0.1068	0.1097
June	0.1105	0.1057	0.1086
July	0.1092	0.1027	0.1062
August	0.1029	0.0950	0.0986
September	0.0953	0.0838	0.0880
October	0.0872	0.0789	0.0815
November	0.0843	0.0774	0.0807
December	0.0818	0.0783	0.0799