2023 CLP to LRD Historical Review

YEARLY HIGH

0.2290 LRD

YEARLY LOW

0.1792 LRD

YEARLY AVERAGE

0.2078 LRD

2023 CLP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.2290. Conversely, the yearly low was recorded on January 3, dropping to 0.1792.

This high-to-low spread represents a total annual volatility of 0.0498 LRD. From a start-to-finish perspective, comparing the January average rate of 0.1888 to the December average rate of 0.2149, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2290 was up 16.40% compared to the 2022 peak of 0.1968, 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 229,020 LRD

2022 Average 175,566 LRD

Yearly Trough Low 179,220 LRD

Transaction Impact: A difference of 49,799.55 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2290

0.1852

JanuMarcMayJulySeptNove

CLP to LRD 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 0.2021, compared to 0.2136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.2021

H2 Avg (Jul–Dec) 0.2136

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0183 LRD (High: 0.1975 / Low: 0.1792). On the other end, July was the most stable month, with a tight range of 0.0072 LRD (High: 0.2290 / Low: 0.2218).

January Spread (Volatile) ±0.0183

July Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0088 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2253) against the same month in 2022 (average: 0.1591), the exchange rate shifted by +0.0662 (+41.59%).

2023 Avg (July) 0.2253

2022 Avg (July) 0.1591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1975	0.1792	0.1888
February	0.2009	0.1868	0.1954
March	0.2058	0.1891	0.1975
April	0.2055	0.1982	0.2026
May	0.2125	0.2042	0.2093
June	0.2250	0.2097	0.2188
July	0.2290	0.2218	0.2253
August	0.2216	0.2138	0.2175
September	0.2180	0.2053	0.2104
October	0.2100	0.1973	0.2015
November	0.2163	0.2028	0.2120
December	0.2184	0.2109	0.2149