YEARLY HIGH
0.0088 BOB
YEARLY LOW
0.0073 BOB
YEARLY AVERAGE
0.0082 BOB

2023 CLP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0088. Conversely, the yearly low was recorded on October 16, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0015 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0084 to the December average rate of 0.0079, the exchange rate registered a net change of -5.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0088 was down 0.24% compared to the 2022 peak of 0.0089, 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 8,844 BOB
2022 Average 7,917 BOB
Yearly Trough Low 7,300 BOB
Transaction Impact: A difference of 1,544.68 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0088
0.0073
JanuMarcMayJulySeptNove

CLP to BOB 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 0.0086, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0086
H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 BOB (High: 0.0087 / Low: 0.0080). On the other end, June was the most stable month, with a tight range of 0.0003 BOB (High: 0.0088 / Low: 0.0085).

January Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0086) against the same month in 2022 (average: 0.0085), the exchange rate shifted by +0.0001 (+1.39%).

2023 Avg (February) 0.0086
2022 Avg (February) 0.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0087 0.0080 0.0084
February 0.0088 0.0083 0.0086
March 0.0088 0.0083 0.0085
April 0.0087 0.0084 0.0086
May 0.0088 0.0085 0.0087
June 0.0088 0.0085 0.0087
July 0.0086 0.0083 0.0085
August 0.0082 0.0079 0.0081
September 0.0081 0.0076 0.0078
October 0.0078 0.0073 0.0074
November 0.0079 0.0075 0.0078
December 0.0080 0.0077 0.0079