YEARLY HIGH
0.1375 BDT
YEARLY LOW
0.1165 BDT
YEARLY AVERAGE
0.1288 BDT

2023 CLP to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.1375. Conversely, the yearly low was recorded on October 16, dropping to 0.1165.

This high-to-low spread represents a total annual volatility of 0.0211 BDT. From a start-to-finish perspective, comparing the January average rate of 0.1274 to the December average rate of 0.1256, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1375 was up 11.75% compared to the 2022 peak of 0.1231, 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 137,530 BDT
2022 Average 106,808 BDT
Yearly Trough Low 116,460 BDT
Transaction Impact: A difference of 21,069.90 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1370
0.1171
JanuMarcMayJulySeptNove

CLP to BDT 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 0.1321, compared to 0.1256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.1321
H2 Avg (Jul–Dec) 0.1256

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0145 BDT (High: 0.1345 / Low: 0.1200). On the other end, August was the most stable month, with a tight range of 0.0044 BDT (High: 0.1297 / Low: 0.1253).

January Spread (Volatile) ±0.0145
August Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1343) against the same month in 2022 (average: 0.1030), the exchange rate shifted by +0.0312 (+30.31%).

2023 Avg (May) 0.1343
2022 Avg (May) 0.1030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1345 0.1200 0.1274
February 0.1374 0.1264 0.1328
March 0.1361 0.1274 0.1311
April 0.1353 0.1284 0.1319
May 0.1375 0.1309 0.1343
June 0.1375 0.1330 0.1354
July 0.1355 0.1292 0.1330
August 0.1297 0.1253 0.1276
September 0.1280 0.1214 0.1239
October 0.1240 0.1165 0.1188
November 0.1273 0.1197 0.1245
December 0.1279 0.1230 0.1256