YEARLY HIGH
0.1052 BTN
YEARLY LOW
0.0878 BTN
YEARLY AVERAGE
0.0985 BTN

2023 CLP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1052. Conversely, the yearly low was recorded on October 22, dropping to 0.0878.

This high-to-low spread represents a total annual volatility of 0.0173 BTN. From a start-to-finish perspective, comparing the January average rate of 0.0994 to the December average rate of 0.0951, the exchange rate registered a net change of -4.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1052 was up 7.11% compared to the 2022 peak of 0.0982, 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 105,158 BTN
2022 Average 90,106 BTN
Yearly Trough Low 87,834 BTN
Transaction Impact: A difference of 17,323.63 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1045
0.0883
JanuMarcMayJulySeptNove

CLP to BTN 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 0.1020, compared to 0.0950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.1020
H2 Avg (Jul–Dec) 0.0950

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0071 BTN (High: 0.1033 / Low: 0.0962). On the other end, August was the most stable month, with a tight range of 0.0027 BTN (High: 0.0979 / Low: 0.0952).

January Spread (Volatile) ±0.0071
August Spread (Stable) ±0.0027

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 September and October, when the average rate fell by 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1031) against the same month in 2022 (average: 0.0927), the exchange rate shifted by +0.0105 (+11.29%).

2023 Avg (February) 0.1031
2022 Avg (February) 0.0927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1033 0.0962 0.0994
February 0.1052 0.0994 0.1031
March 0.1042 0.0987 0.1018
April 0.1038 0.0992 0.1017
May 0.1047 0.1010 0.1031
June 0.1048 0.1010 0.1030
July 0.1027 0.0980 0.1007
August 0.0979 0.0952 0.0967
September 0.0970 0.0916 0.0937
October 0.0934 0.0878 0.0897
November 0.0959 0.0901 0.0939
December 0.0966 0.0932 0.0951