YEARLY HIGH
0.5848 KMF
YEARLY LOW
0.4918 KMF
YEARLY AVERAGE
0.5436 KMF

2023 CLP to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.5848. Conversely, the yearly low was recorded on October 22, dropping to 0.4918.

This high-to-low spread represents a total annual volatility of 0.0930 KMF. From a start-to-finish perspective, comparing the January average rate of 0.5553 to the December average rate of 0.5151, the exchange rate registered a net change of -7.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5848 was up 1.50% compared to the 2022 peak of 0.5762, 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 584,835 KMF
2022 Average 535,565 KMF
Yearly Trough Low 491,833 KMF
Transaction Impact: A difference of 93,002.04 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5817
0.4956
JanuMarcMayJulySeptNove

CLP to KMF 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 0.5660, compared to 0.5211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0449 points.

H1 Avg (Jan–Jun) 0.5660
H2 Avg (Jul–Dec) 0.5211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0340 KMF (High: 0.5319 / Low: 0.4978). On the other end, August was the most stable month, with a tight range of 0.0195 KMF (High: 0.5388 / Low: 0.5192).

November Spread (Volatile) ±0.0340
August Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0234 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.5699) against the same month in 2022 (average: 0.5386), the exchange rate shifted by +0.0313 (+5.81%).

2023 Avg (June) 0.5699
2022 Avg (June) 0.5386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5712 0.5410 0.5553
February 0.5835 0.5577 0.5746
March 0.5847 0.5559 0.5705
April 0.5720 0.5493 0.5577
May 0.5771 0.5531 0.5681
June 0.5848 0.5573 0.5699
July 0.5668 0.5328 0.5465
August 0.5388 0.5192 0.5270
September 0.5350 0.5136 0.5203
October 0.5229 0.4918 0.5027
November 0.5319 0.4978 0.5151
December 0.5274 0.4997 0.5151