2023 CLP to GHS Historical Review

YEARLY HIGH

0.0161 GHS

YEARLY LOW

0.0098 GHS

YEARLY AVERAGE

0.0140 GHS

2023 CLP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.0161. Conversely, the yearly low was recorded on January 1, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0062 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0137, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0161 was down 1.77% compared to the 2022 peak of 0.0163, 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 16,059 GHS

2022 Average 10,237 GHS

Yearly Trough Low 9,844 GHS

Transaction Impact: A difference of 6,215.03 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0159

0.0124

JanuMarcMayJulySeptNove

CLP to GHS 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 0.0146, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0146

H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0057 GHS (High: 0.0156 / Low: 0.0098). On the other end, June was the most stable month, with a tight range of 0.0004 GHS (High: 0.0144 / Low: 0.0139).

January Spread (Volatile) ±0.0057

June Spread (Stable) ±0.0004

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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0156) against the same month in 2022 (average: 0.0081), the exchange rate shifted by +0.0075 (+93.58%).

2023 Avg (February) 0.0156

2022 Avg (February) 0.0081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0156	0.0098	0.0139
February	0.0161	0.0152	0.0156
March	0.0158	0.0147	0.0153
April	0.0152	0.0132	0.0142
May	0.0150	0.0134	0.0142
June	0.0144	0.0139	0.0142
July	0.0143	0.0136	0.0140
August	0.0135	0.0129	0.0132
September	0.0134	0.0127	0.0130
October	0.0133	0.0124	0.0127
November	0.0138	0.0129	0.0135
December	0.0139	0.0134	0.0137