YEARLY HIGH
0.0012 EUR
YEARLY LOW
0.0010 EUR
YEARLY AVERAGE
0.0011 EUR

2023 CLP to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0012. Conversely, the yearly low was recorded on October 22, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0002 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0010, the exchange rate registered a net change of -7.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0012 was up 1.34% compared to the 2022 peak of 0.0012, 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 1,186 EUR
2022 Average 1,089 EUR
Yearly Trough Low 1,000 EUR
Transaction Impact: A difference of 186.38 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0012
0.0010
JanuMarcMayJulySeptNove

CLP to EUR 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 0.0011, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0011
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0001 EUR (High: 0.0012 / Low: 0.0011). On the other end, August was the most stable month, with a tight range of 0.0000 EUR (High: 0.0011 / Low: 0.0011).

July Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0000

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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0012) against the same month in 2022 (average: 0.0011), the exchange rate shifted by +0.0000 (+1.54%).

2023 Avg (March) 0.0012
2022 Avg (March) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0012 0.0011 0.0011
February 0.0012 0.0011 0.0012
March 0.0012 0.0011 0.0012
April 0.0012 0.0011 0.0011
May 0.0012 0.0011 0.0012
June 0.0012 0.0011 0.0012
July 0.0012 0.0011 0.0011
August 0.0011 0.0011 0.0011
September 0.0011 0.0010 0.0011
October 0.0011 0.0010 0.0010
November 0.0011 0.0010 0.0010
December 0.0011 0.0010 0.0010