2023 CLP to LKR Historical Review

YEARLY HIGH

0.4685 LKR

YEARLY LOW

0.3425 LKR

YEARLY AVERAGE

0.3923 LKR

2023 CLP to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.4685. Conversely, the yearly low was recorded on October 16, dropping to 0.3425.

This high-to-low spread represents a total annual volatility of 0.1259 LKR. From a start-to-finish perspective, comparing the January average rate of 0.4444 to the December average rate of 0.3730, the exchange rate registered a net change of -16.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4685 was up 5.29% compared to the 2022 peak of 0.4449, 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 468,459 LKR

2022 Average 369,093 LKR

Yearly Trough Low 342,531 LKR

Transaction Impact: A difference of 125,927.52 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4664

0.3399

JanuMarcMayJulySeptNove

CLP to LKR 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 0.4137, compared to 0.3709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0428 points.

H1 Avg (Jan–Jun) 0.4137

H2 Avg (Jul–Dec) 0.3709

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0661 LKR (High: 0.4586 / Low: 0.3925). On the other end, August was the most stable month, with a tight range of 0.0143 LKR (High: 0.3835 / Low: 0.3692).

March Spread (Volatile) ±0.0661

August Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0417 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4559) against the same month in 2022 (average: 0.2504), the exchange rate shifted by +0.2055 (+82.06%).

2023 Avg (February) 0.4559

2022 Avg (February) 0.2504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4630	0.4240	0.4444
February	0.4685	0.4356	0.4559
March	0.4586	0.3925	0.4141
April	0.4173	0.3879	0.4000
May	0.4039	0.3645	0.3884
June	0.4001	0.3631	0.3792
July	0.4036	0.3811	0.3916
August	0.3835	0.3692	0.3756
September	0.3750	0.3566	0.3648
October	0.3673	0.3425	0.3504
November	0.3787	0.3535	0.3700
December	0.3809	0.3647	0.3730