2023 CLP to NOK Historical Review

YEARLY HIGH

0.0140 NOK

YEARLY LOW

0.0114 NOK

YEARLY AVERAGE

0.0126 NOK

2023 CLP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.0140. Conversely, the yearly low was recorded on December 26, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0026 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0120, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0140 was up 19.79% compared to the 2022 peak of 0.0117, 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 13,979 NOK

2022 Average 11,004 NOK

Yearly Trough Low 11,364 NOK

Transaction Impact: A difference of 2,614.06 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0137

0.0117

JanuMarcMayJulySeptNove

CLP to NOK 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 0.0130, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0130

H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0014 NOK (High: 0.0134 / Low: 0.0120). On the other end, February was the most stable month, with a tight range of 0.0006 NOK (High: 0.0130 / Low: 0.0124).

July Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0135) against the same month in 2022 (average: 0.0113), the exchange rate shifted by +0.0022 (+19.80%).

2023 Avg (June) 0.0135

2022 Avg (June) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0126	0.0115	0.0121
February	0.0130	0.0124	0.0128
March	0.0134	0.0128	0.0130
April	0.0133	0.0126	0.0131
May	0.0139	0.0131	0.0136
June	0.0140	0.0132	0.0135
July	0.0134	0.0120	0.0126
August	0.0127	0.0118	0.0122
September	0.0125	0.0118	0.0121
October	0.0125	0.0115	0.0119
November	0.0126	0.0120	0.0123
December	0.0126	0.0114	0.0120