2023 CLP to ETB Historical Review

YEARLY HIGH

0.0694 ETB

YEARLY LOW

0.0586 ETB

YEARLY AVERAGE

0.0653 ETB

2023 CLP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0694. Conversely, the yearly low was recorded on October 22, dropping to 0.0586.

This high-to-low spread represents a total annual volatility of 0.0108 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0652 to the December average rate of 0.0641, the exchange rate registered a net change of -1.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0694 was up 4.80% compared to the 2022 peak of 0.0662, 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 69,394 ETB

2022 Average 59,607 ETB

Yearly Trough Low 58,592 ETB

Transaction Impact: A difference of 10,801.95 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0692

0.0591

JanuMarcMayJulySeptNove

CLP to ETB 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 0.0671, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0671

H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0054 ETB (High: 0.0676 / Low: 0.0622). On the other end, June was the most stable month, with a tight range of 0.0021 ETB (High: 0.0694 / Low: 0.0673).

January Spread (Volatile) ±0.0054

June Spread (Stable) ±0.0021

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 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0684) against the same month in 2022 (average: 0.0602), the exchange rate shifted by +0.0082 (+13.64%).

2023 Avg (June) 0.0684

2022 Avg (June) 0.0602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0676	0.0622	0.0652
February	0.0685	0.0645	0.0671
March	0.0684	0.0643	0.0666
April	0.0685	0.0659	0.0673
May	0.0692	0.0670	0.0682
June	0.0694	0.0673	0.0684
July	0.0687	0.0654	0.0673
August	0.0653	0.0631	0.0643
September	0.0648	0.0609	0.0623
October	0.0625	0.0586	0.0600
November	0.0645	0.0603	0.0629
December	0.0652	0.0631	0.0641