2023 CLP to CDF Historical Review

YEARLY HIGH

3.2357 CDF

YEARLY LOW

2.3687 CDF

YEARLY AVERAGE

2.7774 CDF

2023 CLP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 3.2357. Conversely, the yearly low was recorded on January 3, dropping to 2.3687.

This high-to-low spread represents a total annual volatility of 0.8670 CDF. From a start-to-finish perspective, comparing the January average rate of 2.4900 to the December average rate of 3.1083, the exchange rate registered a net change of 24.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.2357 was up 25.04% compared to the 2022 peak of 2.5878, 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 3,235,661 CDF

2022 Average 2,319,341 CDF

Yearly Trough Low 2,368,707 CDF

Transaction Impact: A difference of 866,953.88 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.1701

2.4281

JanuMarcMayJulySeptNove

CLP to CDF 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 2.6520, compared to 2.9029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2509 points.

H1 Avg (Jan–Jun) 2.6520

H2 Avg (Jul–Dec) 2.9029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.4246 CDF (High: 3.1272 / Low: 2.7026). On the other end, June was the most stable month, with a tight range of 0.1220 CDF (High: 3.0070 / Low: 2.8850).

November Spread (Volatile) ±0.4246

June Spread (Stable) ±0.1220

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1376 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3.1083) against the same month in 2022 (average: 2.3452), the exchange rate shifted by +0.7630 (+32.54%).

2023 Avg (December) 3.1083

2022 Avg (December) 2.3452

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5907	2.3687	2.4900
February	2.6412	2.4750	2.5756
March	2.6211	2.4867	2.5612
April	2.7171	2.5034	2.5854
May	2.9218	2.5510	2.7424
June	3.0070	2.8850	2.9572
July	3.0919	2.9491	3.0282
August	2.9478	2.8125	2.8906
September	2.9076	2.7394	2.8037
October	2.8596	2.6300	2.7153
November	3.1272	2.7026	2.8711
December	3.2357	2.9959	3.1083