2023 CLP to MVR Historical Review

YEARLY HIGH

0.0197 MVR

YEARLY LOW

0.0162 MVR

YEARLY AVERAGE

0.0183 MVR

2023 CLP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0197. Conversely, the yearly low was recorded on October 16, dropping to 0.0162.

This high-to-low spread represents a total annual volatility of 0.0034 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0187 to the December average rate of 0.0176, the exchange rate registered a net change of -6.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0197 was down 1.02% compared to the 2022 peak of 0.0199, 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 19,651 MVR

2022 Average 17,717 MVR

Yearly Trough Low 16,221 MVR

Transaction Impact: A difference of 3,430.47 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0195

0.0163

JanuMarcMayJulySeptNove

CLP to MVR 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 0.0191, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0191

H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0015 MVR (High: 0.0194 / Low: 0.0179). On the other end, June was the most stable month, with a tight range of 0.0005 MVR (High: 0.0195 / Low: 0.0190).

January Spread (Volatile) ±0.0015

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0192) against the same month in 2022 (average: 0.0191), the exchange rate shifted by +0.0001 (+0.35%).

2023 Avg (February) 0.0192

2022 Avg (February) 0.0191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0194	0.0179	0.0187
February	0.0197	0.0184	0.0192
March	0.0195	0.0185	0.0190
April	0.0195	0.0187	0.0191
May	0.0195	0.0189	0.0192
June	0.0195	0.0190	0.0192
July	0.0192	0.0183	0.0189
August	0.0183	0.0176	0.0179
September	0.0180	0.0170	0.0174
October	0.0172	0.0162	0.0166
November	0.0177	0.0165	0.0173
December	0.0178	0.0172	0.0176