2023 CLP to IRR Historical Review

YEARLY HIGH

54.0160 IRR

YEARLY LOW

44.6176 IRR

YEARLY AVERAGE

50.3916 IRR

2023 CLP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 54.0160. Conversely, the yearly low was recorded on October 16, dropping to 44.6176.

This high-to-low spread represents a total annual volatility of 9.3984 IRR. From a start-to-finish perspective, comparing the January average rate of 50.9667 to the December average rate of 48.2135, the exchange rate registered a net change of -5.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 54.0160 was down 0.67% compared to the 2022 peak of 54.3786, 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 54,016,000 IRR

2022 Average 48,550,195 IRR

Yearly Trough Low 44,617,556 IRR

Transaction Impact: A difference of 9,398,443.76 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

53.7273

44.8146

JanuMarcMayJulySeptNove

CLP to IRR 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 52.3929, compared to 48.3904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0025 points.

H1 Avg (Jan–Jun) 52.3929

H2 Avg (Jul–Dec) 48.3904

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.5743 IRR (High: 53.1783 / Low: 48.6040). On the other end, June was the most stable month, with a tight range of 1.2754 IRR (High: 53.6654 / Low: 52.3900).

January Spread (Volatile) ±4.5743

June Spread (Stable) ±1.2754

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 2.4618 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.4618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 52.7204) against the same month in 2022 (average: 52.2650), the exchange rate shifted by +0.4554 (+0.87%).

2023 Avg (February) 52.7204

2022 Avg (February) 52.2650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.1783	48.6040	50.9667
February	54.0160	50.7600	52.7204
March	53.5922	50.8662	52.2217
April	53.4511	51.5450	52.4962
May	53.7703	52.0290	52.9846
June	53.6654	52.3900	52.9676
July	52.8406	50.3370	51.8164
August	50.2745	48.5300	49.3546
September	49.5125	46.4613	47.6968
October	47.3966	44.6176	45.5574
November	48.6019	45.6570	47.7036
December	49.0245	47.3330	48.2135