2023 CLP to DJF Historical Review

YEARLY HIGH

0.2277 DJF

YEARLY LOW

0.1878 DJF

YEARLY AVERAGE

0.2123 DJF

2023 CLP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.2277. Conversely, the yearly low was recorded on October 16, dropping to 0.1878.

This high-to-low spread represents a total annual volatility of 0.0399 DJF. From a start-to-finish perspective, comparing the January average rate of 0.2160 to the December average rate of 0.2033, the exchange rate registered a net change of -5.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2277 was down 0.83% compared to the 2022 peak of 0.2296, 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 227,664 DJF

2022 Average 204,488 DJF

Yearly Trough Low 187,754 DJF

Transaction Impact: A difference of 39,909.44 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2261

0.1887

JanuMarcMayJulySeptNove

CLP to DJF 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 0.2208, compared to 0.2037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 0.2208

H2 Avg (Jul–Dec) 0.2037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0179 DJF (High: 0.2241 / Low: 0.2062). On the other end, June was the most stable month, with a tight range of 0.0067 DJF (High: 0.2264 / Low: 0.2197).

January Spread (Volatile) ±0.0179

June Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0102 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2223) against the same month in 2022 (average: 0.2200), the exchange rate shifted by +0.0022 (+1.01%).

2023 Avg (February) 0.2223

2022 Avg (February) 0.2200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2241	0.2062	0.2160
February	0.2277	0.2134	0.2223
March	0.2256	0.2135	0.2200
April	0.2248	0.2161	0.2207
May	0.2263	0.2189	0.2229
June	0.2264	0.2197	0.2230
July	0.2225	0.2118	0.2179
August	0.2116	0.2041	0.2077
September	0.2084	0.1960	0.2010
October	0.2002	0.1878	0.1918
November	0.2053	0.1921	0.2005
December	0.2066	0.1991	0.2033