2023 CLP to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CLP to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CLP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 19.3865. Conversely, the yearly low was recorded on January 3, dropping to 1.7708.
This high-to-low spread represents a total annual volatility of 17.6158 LBP. From a start-to-finish perspective, comparing the January average rate of 1.8422 to the December average rate of 17.1826, the exchange rate registered a net change of 832.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 19.3865 was up 894.23% compared to the 2022 peak of 1.9499, 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 LBP 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 15.4858, compared to 17.2283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7425 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 17.3738 LBP (High: 19.2671 / Low: 1.8932). On the other end, January was the most stable month, with a tight range of 0.1343 LBP (High: 1.9051 / Low: 1.7708).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9003 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 18.9479) against the same month in 2022 (average: 1.7565), the exchange rate shifted by +17.1914 (+978.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.9051 | 1.7708 | 1.8422 |
| February | 19.2671 | 1.8932 | 15.7918 |
| March | 19.1576 | 18.0055 | 18.6717 |
| April | 19.0121 | 18.2950 | 18.7526 |
| May | 19.2364 | 18.5226 | 18.9085 |
| June | 19.3865 | 18.5861 | 18.9479 |
| July | 18.9127 | 17.9967 | 18.4794 |
| August | 17.9529 | 17.2527 | 17.5791 |
| September | 17.6146 | 16.5385 | 16.9931 |
| October | 16.8961 | 15.8889 | 16.1960 |
| November | 17.2964 | 16.2432 | 16.9395 |
| December | 17.4491 | 16.8401 | 17.1826 |