YEARLY HIGH
0.1734 DZD
YEARLY LOW
0.1454 DZD
YEARLY AVERAGE
0.1622 DZD

2023 CLP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.1734. Conversely, the yearly low was recorded on November 13, dropping to 0.1454.

This high-to-low spread represents a total annual volatility of 0.0280 DZD. From a start-to-finish perspective, comparing the January average rate of 0.1657 to the December average rate of 0.1536, the exchange rate registered a net change of -7.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1734 was down 5.84% compared to the 2022 peak of 0.1842, 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 173,391 DZD
2022 Average 163,251 DZD
Yearly Trough Low 145,411 DZD
Transaction Impact: A difference of 27,980.31 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1728
0.1458
JanuMarcMayJulySeptNove

CLP to DZD 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 0.1690, compared to 0.1555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.1690
H2 Avg (Jul–Dec) 0.1555

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0116 DZD (High: 0.1713 / Low: 0.1597). On the other end, June was the most stable month, with a tight range of 0.0053 DZD (High: 0.1731 / Low: 0.1678).

January Spread (Volatile) ±0.0116
June Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between October and December, 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 0.0069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1704) against the same month in 2022 (average: 0.1740), the exchange rate shifted by -0.0036 (-2.08%).

2023 Avg (February) 0.1704
2022 Avg (February) 0.1740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1713 0.1597 0.1657
February 0.1734 0.1641 0.1704
March 0.1720 0.1640 0.1686
April 0.1717 0.1649 0.1683
May 0.1733 0.1675 0.1705
June 0.1731 0.1678 0.1703
July 0.1699 0.1613 0.1658
August 0.1619 0.1560 0.1589
September 0.1602 0.1513 0.1548
October 0.1543 0.1455 0.1481
November 0.1547 0.1454 0.1519
December 0.1565 0.1504 0.1536