2023 CLP to HKD Historical Review

YEARLY HIGH

0.0100 HKD

YEARLY LOW

0.0083 HKD

YEARLY AVERAGE

0.0093 HKD

2023 CLP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0100. Conversely, the yearly low was recorded on October 16, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0018 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0089, the exchange rate registered a net change of -6.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0100 was down 0.24% compared to the 2022 peak of 0.0101, 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 10,041 HKD

2022 Average 8,994 HKD

Yearly Trough Low 8,256 HKD

Transaction Impact: A difference of 1,785.33 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0100

0.0083

JanuMarcMayJulySeptNove

CLP to HKD 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 0.0097, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0097

H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0008 HKD (High: 0.0099 / Low: 0.0091). On the other end, June was the most stable month, with a tight range of 0.0002 HKD (High: 0.0100 / Low: 0.0097).

January Spread (Volatile) ±0.0008

June Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0098) against the same month in 2022 (average: 0.0096), the exchange rate shifted by +0.0002 (+1.58%).

2023 Avg (February) 0.0098

2022 Avg (February) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0099	0.0091	0.0095
February	0.0100	0.0094	0.0098
March	0.0100	0.0095	0.0097
April	0.0099	0.0096	0.0098
May	0.0100	0.0096	0.0098
June	0.0100	0.0097	0.0098
July	0.0098	0.0093	0.0096
August	0.0093	0.0090	0.0091
September	0.0092	0.0086	0.0088
October	0.0088	0.0083	0.0084
November	0.0090	0.0084	0.0088
December	0.0091	0.0087	0.0089