2023 CLP to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CLP to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CLP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 24.0231. Conversely, the yearly low was recorded on January 3, dropping to 20.0670.
This high-to-low spread represents a total annual volatility of 3.9561 LAK. From a start-to-finish perspective, comparing the January average rate of 20.6434 to the December average rate of 23.5813, the exchange rate registered a net change of 14.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 24.0231 was up 17.50% compared to the 2022 peak of 20.4450, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 CLP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CLP to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.4906, compared to 22.9617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4711 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 1.6479 LAK (High: 23.6276 / Low: 21.9797). On the other end, April was the most stable month, with a tight range of 0.8626 LAK (High: 21.6476 / Low: 20.7850).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7387 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 23.5813) against the same month in 2022 (average: 19.8647), the exchange rate shifted by +3.7167 (+18.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.2213 | 20.0670 | 20.6434 |
| February | 21.5459 | 20.3148 | 21.0724 |
| March | 21.5005 | 20.1713 | 20.9016 |
| April | 21.6476 | 20.7850 | 21.2984 |
| May | 22.3551 | 21.4182 | 21.9997 |
| June | 23.6276 | 21.9797 | 23.0283 |
| July | 23.8683 | 22.7122 | 23.4350 |
| August | 23.2171 | 22.1097 | 22.6963 |
| September | 23.0691 | 21.9570 | 22.4906 |
| October | 23.2022 | 21.8668 | 22.2094 |
| November | 23.7995 | 22.4182 | 23.3576 |
| December | 24.0231 | 23.0393 | 23.5813 |