YEARLY HIGH
0.1053 INR
YEARLY LOW
0.0879 INR
YEARLY AVERAGE
0.0985 INR

2023 CLP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.1053. Conversely, the yearly low was recorded on October 16, dropping to 0.0879.

This high-to-low spread represents a total annual volatility of 0.0174 INR. From a start-to-finish perspective, comparing the January average rate of 0.0993 to the December average rate of 0.0950, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1053 was up 7.33% compared to the 2022 peak of 0.0981, 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 105,252 INR
2022 Average 90,128 INR
Yearly Trough Low 87,859 INR
Transaction Impact: A difference of 17,392.91 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1045
0.0884
JanuMarcMayJulySeptNove

CLP to INR 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 0.1020, compared to 0.0950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.1020
H2 Avg (Jul–Dec) 0.0950

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0070 INR (High: 0.1030 / Low: 0.0960). On the other end, August was the most stable month, with a tight range of 0.0025 INR (High: 0.0979 / Low: 0.0955).

January Spread (Volatile) ±0.0070
August Spread (Stable) ±0.0025

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 July and August, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1032) against the same month in 2022 (average: 0.0927), the exchange rate shifted by +0.0104 (+11.26%).

2023 Avg (February) 0.1032
2022 Avg (February) 0.0927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1030 0.0960 0.0993
February 0.1053 0.0992 0.1032
March 0.1041 0.0994 0.1019
April 0.1039 0.0998 0.1018
May 0.1047 0.1010 0.1032
June 0.1048 0.1016 0.1030
July 0.1030 0.0979 0.1008
August 0.0979 0.0955 0.0967
September 0.0969 0.0916 0.0937
October 0.0933 0.0879 0.0897
November 0.0959 0.0898 0.0940
December 0.0966 0.0932 0.0950