2023 CLP to GMD Historical Review

YEARLY HIGH

0.0789 GMD

YEARLY LOW

0.0676 GMD

YEARLY AVERAGE

0.0742 GMD

2023 CLP to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.0789. Conversely, the yearly low was recorded on September 10, dropping to 0.0676.

This high-to-low spread represents a total annual volatility of 0.0113 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0754 to the December average rate of 0.0769, the exchange rate registered a net change of 2.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0789 was up 7.98% compared to the 2022 peak of 0.0730, 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 78,860 GMD

2022 Average 63,549 GMD

Yearly Trough Low 67,568 GMD

Transaction Impact: A difference of 11,292.27 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0776

0.0691

JanuMarcMayJulySeptNove

CLP to GMD 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 0.0757, compared to 0.0728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0757

H2 Avg (Jul–Dec) 0.0728

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0059 GMD (High: 0.0779 / Low: 0.0719). On the other end, June was the most stable month, with a tight range of 0.0020 GMD (High: 0.0755 / Low: 0.0735).

January Spread (Volatile) ±0.0059

June Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between September and December, 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 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0760) against the same month in 2022 (average: 0.0671), the exchange rate shifted by +0.0090 (+13.37%).

2023 Avg (March) 0.0760

2022 Avg (March) 0.0671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0779	0.0719	0.0754
February	0.0782	0.0732	0.0763
March	0.0789	0.0740	0.0760
April	0.0786	0.0743	0.0768
May	0.0762	0.0732	0.0749
June	0.0755	0.0735	0.0745
July	0.0745	0.0714	0.0732
August	0.0720	0.0695	0.0707
September	0.0729	0.0676	0.0698
October	0.0730	0.0695	0.0707
November	0.0774	0.0725	0.0755
December	0.0781	0.0755	0.0769