YEARLY HIGH
0.0465 NIO
YEARLY LOW
0.0387 NIO
YEARLY AVERAGE
0.0436 NIO

2023 CLP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0465. Conversely, the yearly low was recorded on October 22, dropping to 0.0387.

This high-to-low spread represents a total annual volatility of 0.0078 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0443 to the December average rate of 0.0419, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0465 was up 0.34% compared to the 2022 peak of 0.0464, 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 46,528 NIO
2022 Average 41,195 NIO
Yearly Trough Low 38,688 NIO
Transaction Impact: A difference of 7,840.07 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0464
0.0388
JanuMarcMayJulySeptNove

CLP to NIO 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 0.0453, compared to 0.0419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0453
H2 Avg (Jul–Dec) 0.0419

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0037 NIO (High: 0.0460 / Low: 0.0423). On the other end, June was the most stable month, with a tight range of 0.0013 NIO (High: 0.0465 / Low: 0.0451).

January Spread (Volatile) ±0.0037
June Spread (Stable) ±0.0013

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 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0456) against the same month in 2022 (average: 0.0439), the exchange rate shifted by +0.0017 (+3.88%).

2023 Avg (February) 0.0456
2022 Avg (February) 0.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0460 0.0423 0.0443
February 0.0465 0.0438 0.0456
March 0.0464 0.0438 0.0452
April 0.0462 0.0444 0.0454
May 0.0465 0.0449 0.0458
June 0.0465 0.0451 0.0458
July 0.0457 0.0435 0.0448
August 0.0434 0.0419 0.0427
September 0.0429 0.0402 0.0413
October 0.0411 0.0387 0.0394
November 0.0423 0.0396 0.0413
December 0.0426 0.0410 0.0419