2023 CLP to CRC Historical Review

YEARLY HIGH

0.7270 CRC

YEARLY LOW

0.5608 CRC

YEARLY AVERAGE

0.6469 CRC

2023 CLP to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.7270. Conversely, the yearly low was recorded on October 16, dropping to 0.5608.

This high-to-low spread represents a total annual volatility of 0.1662 CRC. From a start-to-finish perspective, comparing the January average rate of 0.6982 to the December average rate of 0.5996, the exchange rate registered a net change of -14.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7270 was down 14.65% compared to the 2022 peak of 0.8517, 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 726,951 CRC

2022 Average 741,287 CRC

Yearly Trough Low 560,757 CRC

Transaction Impact: A difference of 166,193.55 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7190

0.5603

JanuMarcMayJulySeptNove

CLP to CRC 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 0.6825, compared to 0.6112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0713 points.

H1 Avg (Jan–Jun) 0.6825

H2 Avg (Jul–Dec) 0.6112

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0545 CRC (High: 0.7270 / Low: 0.6725). On the other end, June was the most stable month, with a tight range of 0.0156 CRC (High: 0.6827 / Low: 0.6671).

February Spread (Volatile) ±0.0545

June Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between April and June, 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 0.0343 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.7058) against the same month in 2022 (average: 0.7932), the exchange rate shifted by -0.0875 (-11.03%).

2023 Avg (February) 0.7058

2022 Avg (February) 0.7932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7131	0.6825	0.6982
February	0.7270	0.6725	0.7058
March	0.6976	0.6488	0.6758
April	0.6822	0.6524	0.6653
May	0.6860	0.6602	0.6737
June	0.6827	0.6671	0.6765
July	0.6785	0.6433	0.6626
August	0.6476	0.6111	0.6283
September	0.6319	0.5929	0.6046
October	0.6012	0.5608	0.5735
November	0.6102	0.5739	0.5988
December	0.6140	0.5837	0.5996