YEARLY HIGH
0.2701 GYD
YEARLY LOW
0.2210 GYD
YEARLY AVERAGE
0.2509 GYD

2023 CLP to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.2701. Conversely, the yearly low was recorded on October 16, dropping to 0.2210.

This high-to-low spread represents a total annual volatility of 0.0490 GYD. From a start-to-finish perspective, comparing the January average rate of 0.2549 to the December average rate of 0.2392, the exchange rate registered a net change of -6.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2701 was up 0.10% compared to the 2022 peak of 0.2698, 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 270,060 GYD
2022 Average 240,345 GYD
Yearly Trough Low 221,013 GYD
Transaction Impact: A difference of 49,047.13 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2689
0.2216
JanuMarcMayJulySeptNove

CLP to GYD 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 0.2620, compared to 0.2398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 0.2620
H2 Avg (Jul–Dec) 0.2398

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0231 GYD (High: 0.2659 / Low: 0.2427). On the other end, June was the most stable month, with a tight range of 0.0079 GYD (High: 0.2686 / Low: 0.2607).

January Spread (Volatile) ±0.0231
June Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between March and May, 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 0.0131 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2635) against the same month in 2022 (average: 0.2587), the exchange rate shifted by +0.0048 (+1.87%).

2023 Avg (February) 0.2635
2022 Avg (February) 0.2587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2659 0.2427 0.2549
February 0.2701 0.2532 0.2635
March 0.2676 0.2521 0.2610
April 0.2668 0.2566 0.2626
May 0.2694 0.2601 0.2650
June 0.2686 0.2607 0.2650
July 0.2645 0.2491 0.2574
August 0.2487 0.2398 0.2443
September 0.2452 0.2304 0.2362
October 0.2353 0.2210 0.2255
November 0.2408 0.2279 0.2361
December 0.2428 0.2344 0.2392