YEARLY HIGH
0.0017 CAD
YEARLY LOW
0.0014 CAD
YEARLY AVERAGE
0.0016 CAD

2023 CLP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0017. Conversely, the yearly low was recorded on October 16, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0003 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0016 to the December average rate of 0.0015, the exchange rate registered a net change of -6.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0017 was up 8.00% compared to the 2022 peak of 0.0016, 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 1,740 CAD
2022 Average 1,493 CAD
Yearly Trough Low 1,438 CAD
Transaction Impact: A difference of 301.68 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0017
0.0015
JanuMarcMayJulySeptNove

CLP to CAD 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 0.0017, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0017
H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0001 CAD (High: 0.0016 / Low: 0.0014). On the other end, August was the most stable month, with a tight range of 0.0001 CAD (High: 0.0016 / Low: 0.0016).

October Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0017) against the same month in 2022 (average: 0.0016), the exchange rate shifted by +0.0001 (+7.08%).

2023 Avg (March) 0.0017
2022 Avg (March) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0017 0.0016 0.0016
February 0.0017 0.0016 0.0017
March 0.0017 0.0017 0.0017
April 0.0017 0.0016 0.0017
May 0.0017 0.0017 0.0017
June 0.0017 0.0016 0.0017
July 0.0017 0.0016 0.0016
August 0.0016 0.0016 0.0016
September 0.0016 0.0015 0.0015
October 0.0016 0.0014 0.0015
November 0.0016 0.0015 0.0015
December 0.0016 0.0015 0.0015