YEARLY HIGH
0.0022 AZN
YEARLY LOW
0.0018 AZN
YEARLY AVERAGE
0.0020 AZN

2023 CLP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0022. Conversely, the yearly low was recorded on October 16, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0004 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0019, the exchange rate registered a net change of -6.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0022 was down 0.43% compared to the 2022 peak of 0.0022, 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 2,176 AZN
2022 Average 1,953 AZN
Yearly Trough Low 1,795 AZN
Transaction Impact: A difference of 380.74 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0022
0.0018
JanuMarcMayJulySeptNove

CLP to AZN 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 0.0021, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 AZN (High: 0.0021 / Low: 0.0020). On the other end, June was the most stable month, with a tight range of 0.0001 AZN (High: 0.0022 / Low: 0.0021).

January Spread (Volatile) ±0.0002
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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0021) against the same month in 2022 (average: 0.0021), the exchange rate shifted by +0.0000 (+0.97%).

2023 Avg (February) 0.0021
2022 Avg (February) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0021
February 0.0022 0.0020 0.0021
March 0.0022 0.0020 0.0021
April 0.0021 0.0021 0.0021
May 0.0022 0.0021 0.0021
June 0.0022 0.0021 0.0021
July 0.0021 0.0020 0.0021
August 0.0020 0.0020 0.0020
September 0.0020 0.0019 0.0019
October 0.0019 0.0018 0.0018
November 0.0020 0.0018 0.0019
December 0.0020 0.0019 0.0019