YEARLY HIGH
0.0066 BRL
YEARLY LOW
0.0053 BRL
YEARLY AVERAGE
0.0060 BRL

2023 CLP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0066. Conversely, the yearly low was recorded on November 13, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0013 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0056, the exchange rate registered a net change of -11.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0066 was down 3.37% compared to the 2022 peak of 0.0068, 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 6,612 BRL
2022 Average 5,923 BRL
Yearly Trough Low 5,300 BRL
Transaction Impact: A difference of 1,311.20 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0066
0.0054
JanuMarcMayJulySeptNove

CLP to BRL 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 0.0063, compared to 0.0056 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) 0.0063
H2 Avg (Jul–Dec) 0.0056

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0005 BRL (High: 0.0061 / Low: 0.0056). On the other end, August was the most stable month, with a tight range of 0.0001 BRL (High: 0.0058 / Low: 0.0057).

July Spread (Volatile) ±0.0005
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0065) against the same month in 2022 (average: 0.0064), the exchange rate shifted by +0.0000 (+0.56%).

2023 Avg (February) 0.0065
2022 Avg (February) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0062 0.0063
February 0.0066 0.0062 0.0065
March 0.0066 0.0063 0.0065
April 0.0064 0.0061 0.0062
May 0.0063 0.0062 0.0062
June 0.0063 0.0059 0.0061
July 0.0061 0.0056 0.0059
August 0.0058 0.0057 0.0057
September 0.0058 0.0055 0.0056
October 0.0057 0.0053 0.0055
November 0.0057 0.0053 0.0055
December 0.0057 0.0054 0.0056