YEARLY HIGH
0.1808 JPY
YEARLY LOW
0.1523 JPY
YEARLY AVERAGE
0.1674 JPY

2023 CLP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.1808. Conversely, the yearly low was recorded on January 3, dropping to 0.1523.

This high-to-low spread represents a total annual volatility of 0.0285 JPY. From a start-to-finish perspective, comparing the January average rate of 0.1582 to the December average rate of 0.1640, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1808 was up 10.47% compared to the 2022 peak of 0.1636, 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 180,753 JPY
2022 Average 150,300 JPY
Yearly Trough Low 152,302 JPY
Transaction Impact: A difference of 28,450.89 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1790
0.1563
JanuMarcMayJulySeptNove

CLP to JPY 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 0.1675, compared to 0.1672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1675
H2 Avg (Jul–Dec) 0.1672

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0130 JPY (High: 0.1808 / Low: 0.1677). On the other end, February was the most stable month, with a tight range of 0.0066 JPY (High: 0.1699 / Low: 0.1633).

July Spread (Volatile) ±0.0130
February Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1732) against the same month in 2022 (average: 0.1422), the exchange rate shifted by +0.0309 (+21.76%).

2023 Avg (July) 0.1732
2022 Avg (July) 0.1422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1639 0.1523 0.1582
February 0.1699 0.1633 0.1663
March 0.1712 0.1587 0.1655
April 0.1697 0.1606 0.1659
May 0.1764 0.1675 0.1720
June 0.1805 0.1720 0.1771
July 0.1808 0.1677 0.1732
August 0.1733 0.1653 0.1690
September 0.1713 0.1642 0.1668
October 0.1695 0.1580 0.1613
November 0.1720 0.1638 0.1691
December 0.1703 0.1596 0.1640