2023 CLP to ARS Historical Review

YEARLY HIGH

0.9317 ARS

YEARLY LOW

0.2069 ARS

YEARLY AVERAGE

0.3476 ARS

2023 CLP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.9317. Conversely, the yearly low was recorded on January 3, dropping to 0.2069.

This high-to-low spread represents a total annual volatility of 0.7248 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2213 to the December average rate of 0.7205, the exchange rate registered a net change of 225.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9317 was up 346.15% compared to the 2022 peak of 0.2088, 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 931,674 ARS

2022 Average 149,048 ARS

Yearly Trough Low 206,896 ARS

Transaction Impact: A difference of 724,778.98 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7704

0.1714

JanuMarcMayJulySeptNove

CLP to ARS 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 0.2632, compared to 0.4321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1689 points.

H1 Avg (Jan–Jun) 0.2632

H2 Avg (Jul–Dec) 0.4321

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.5183 ARS (High: 0.9317 / Low: 0.4134). On the other end, February was the most stable month, with a tight range of 0.0088 ARS (High: 0.2440 / Low: 0.2352).

December Spread (Volatile) ±0.5183

February Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0176 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7205) against the same month in 2022 (average: 0.1976), the exchange rate shifted by +0.5229 (+264.70%).

2023 Avg (December) 0.7205

2022 Avg (December) 0.1976

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2356	0.2069	0.2213
February	0.2440	0.2352	0.2394
March	0.2646	0.2425	0.2509
April	0.2764	0.2564	0.2674
May	0.2974	0.2756	0.2892
June	0.3200	0.2978	0.3109
July	0.3324	0.3180	0.3258
August	0.4142	0.3258	0.3751
September	0.4096	0.3850	0.3950
October	0.3944	0.3697	0.3774
November	0.4140	0.3779	0.3988
December	0.9317	0.4134	0.7205