2023 CLP to DOP Historical Review

YEARLY HIGH

0.0724 DOP

YEARLY LOW

0.0600 DOP

YEARLY AVERAGE

0.0668 DOP

2023 CLP to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0724. Conversely, the yearly low was recorded on October 16, dropping to 0.0600.

This high-to-low spread represents a total annual volatility of 0.0124 DOP. From a start-to-finish perspective, comparing the January average rate of 0.0688 to the December average rate of 0.0655, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0724 was down 0.02% compared to the 2022 peak of 0.0724, 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 72,416 DOP

2022 Average 63,189 DOP

Yearly Trough Low 59,995 DOP

Transaction Impact: A difference of 12,421.43 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0711

0.0604

JanuMarcMayJulySeptNove

CLP to DOP 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 0.0687, compared to 0.0649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0687

H2 Avg (Jul–Dec) 0.0649

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0062 DOP (High: 0.0715 / Low: 0.0653). On the other end, June was the most stable month, with a tight range of 0.0018 DOP (High: 0.0696 / Low: 0.0677).

January Spread (Volatile) ±0.0062

June Spread (Stable) ±0.0018

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 September and October, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0702) against the same month in 2022 (average: 0.0703), the exchange rate shifted by -0.0001 (-0.18%).

2023 Avg (February) 0.0702

2022 Avg (February) 0.0703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0715	0.0653	0.0688
February	0.0724	0.0668	0.0702
March	0.0696	0.0657	0.0681
April	0.0693	0.0667	0.0680
May	0.0694	0.0672	0.0684
June	0.0696	0.0677	0.0688
July	0.0696	0.0668	0.0684
August	0.0672	0.0650	0.0661
September	0.0665	0.0625	0.0641
October	0.0638	0.0600	0.0612
November	0.0656	0.0614	0.0641
December	0.0665	0.0645	0.0655