2023 CLP to MDL Historical Review

YEARLY HIGH

0.0240 MDL

YEARLY LOW

0.0191 MDL

YEARLY AVERAGE

0.0216 MDL

2023 CLP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0240. Conversely, the yearly low was recorded on October 16, dropping to 0.0191.

This high-to-low spread represents a total annual volatility of 0.0049 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0231 to the December average rate of 0.0201, the exchange rate registered a net change of -12.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0240 was up 1.78% compared to the 2022 peak of 0.0236, 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 23,999 MDL

2022 Average 21,643 MDL

Yearly Trough Low 19,062 MDL

Transaction Impact: A difference of 4,937.24 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0238

0.0192

JanuMarcMayJulySeptNove

CLP to MDL 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 0.0228, compared to 0.0204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0228

H2 Avg (Jul–Dec) 0.0204

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0019 MDL (High: 0.0229 / Low: 0.0210). On the other end, May was the most stable month, with a tight range of 0.0008 MDL (High: 0.0226 / Low: 0.0218).

July Spread (Volatile) ±0.0019

May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0234) against the same month in 2022 (average: 0.0221), the exchange rate shifted by +0.0013 (+5.91%).

2023 Avg (February) 0.0234

2022 Avg (February) 0.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0236	0.0222	0.0231
February	0.0240	0.0226	0.0234
March	0.0235	0.0224	0.0230
April	0.0231	0.0220	0.0224
May	0.0226	0.0218	0.0223
June	0.0228	0.0220	0.0224
July	0.0229	0.0210	0.0220
August	0.0211	0.0202	0.0206
September	0.0209	0.0199	0.0203
October	0.0205	0.0191	0.0196
November	0.0205	0.0193	0.0201
December	0.0206	0.0195	0.0201