2023 CLP to ISK Historical Review

YEARLY HIGH

0.1826 ISK

YEARLY LOW

0.1464 ISK

YEARLY AVERAGE

0.1646 ISK

2023 CLP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.1826. Conversely, the yearly low was recorded on October 16, dropping to 0.1464.

This high-to-low spread represents a total annual volatility of 0.0362 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1737 to the December average rate of 0.1574, the exchange rate registered a net change of -9.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1826 was up 9.37% compared to the 2022 peak of 0.1669, 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 182,581 ISK

2022 Average 155,019 ISK

Yearly Trough Low 146,388 ISK

Transaction Impact: A difference of 36,192.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1816

0.1465

JanuMarcMayJulySeptNove

CLP to ISK 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 0.1736, compared to 0.1557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.1736

H2 Avg (Jul–Dec) 0.1557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0153 ISK (High: 0.1715 / Low: 0.1562). On the other end, August was the most stable month, with a tight range of 0.0048 ISK (High: 0.1565 / Low: 0.1516).

July Spread (Volatile) ±0.0153

August Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0099 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1787) against the same month in 2022 (average: 0.1547), the exchange rate shifted by +0.0240 (+15.50%).

2023 Avg (February) 0.1787

2022 Avg (February) 0.1547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1796	0.1669	0.1737
February	0.1826	0.1723	0.1787
March	0.1778	0.1687	0.1733
April	0.1736	0.1672	0.1696
May	0.1766	0.1684	0.1735
June	0.1773	0.1677	0.1727
July	0.1715	0.1562	0.1628
August	0.1565	0.1516	0.1539
September	0.1552	0.1496	0.1527
October	0.1562	0.1464	0.1494
November	0.1626	0.1546	0.1579
December	0.1610	0.1527	0.1574