2023 CLP to KGS Historical Review

YEARLY HIGH

0.1111 KGS

YEARLY LOW

0.0942 KGS

YEARLY AVERAGE

0.1048 KGS

2023 CLP to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.1111. Conversely, the yearly low was recorded on October 16, dropping to 0.0942.

This high-to-low spread represents a total annual volatility of 0.0170 KGS. From a start-to-finish perspective, comparing the January average rate of 0.1040 to the December average rate of 0.1018, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1111 was down 14.39% compared to the 2022 peak of 0.1298, 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 111,138 KGS

2022 Average 97,020 KGS

Yearly Trough Low 94,179 KGS

Transaction Impact: A difference of 16,958.33 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1110

0.0947

JanuMarcMayJulySeptNove

CLP to KGS 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 0.1081, compared to 0.1015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1081

H2 Avg (Jul–Dec) 0.1015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0102 KGS (High: 0.1085 / Low: 0.0984). On the other end, June was the most stable month, with a tight range of 0.0029 KGS (High: 0.1111 / Low: 0.1083).

January Spread (Volatile) ±0.0102

June Spread (Stable) ±0.0029

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 0.0048 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1096) against the same month in 2022 (average: 0.0921), the exchange rate shifted by +0.0174 (+18.92%).

2023 Avg (June) 0.1096

2022 Avg (June) 0.0921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1085	0.0984	0.1040
February	0.1107	0.1049	0.1086
March	0.1109	0.1052	0.1083
April	0.1105	0.1067	0.1087
May	0.1111	0.1076	0.1096
June	0.1111	0.1083	0.1096
July	0.1095	0.1044	0.1076
August	0.1044	0.1013	0.1028
September	0.1034	0.0976	0.0999
October	0.1000	0.0942	0.0961
November	0.1024	0.0965	0.1007
December	0.1035	0.0996	0.1018