2023 CLP to NPR Historical Review

YEARLY HIGH

0.1683 NPR

YEARLY LOW

0.1405 NPR

YEARLY AVERAGE

0.1576 NPR

2023 CLP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.1683. Conversely, the yearly low was recorded on October 22, dropping to 0.1405.

This high-to-low spread represents a total annual volatility of 0.0277 NPR. From a start-to-finish perspective, comparing the January average rate of 0.1591 to the December average rate of 0.1522, the exchange rate registered a net change of -4.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1683 was up 7.11% compared to the 2022 peak of 0.1571, 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 168,252 NPR

2022 Average 144,161 NPR

Yearly Trough Low 140,535 NPR

Transaction Impact: A difference of 27,716.93 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1672

0.1413

JanuMarcMayJulySeptNove

CLP to NPR 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 0.1633, compared to 0.1519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.1633

H2 Avg (Jul–Dec) 0.1519

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0114 NPR (High: 0.1653 / Low: 0.1539). On the other end, August was the most stable month, with a tight range of 0.0043 NPR (High: 0.1566 / Low: 0.1523).

January Spread (Volatile) ±0.0114

August Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0065 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1650) against the same month in 2022 (average: 0.1483), the exchange rate shifted by +0.0167 (+11.29%).

2023 Avg (February) 0.1650

2022 Avg (February) 0.1483

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1653	0.1539	0.1591
February	0.1683	0.1591	0.1650
March	0.1667	0.1579	0.1629
April	0.1661	0.1587	0.1628
May	0.1675	0.1615	0.1650
June	0.1678	0.1617	0.1648
July	0.1644	0.1567	0.1611
August	0.1566	0.1523	0.1547
September	0.1552	0.1466	0.1499
October	0.1494	0.1405	0.1435
November	0.1534	0.1441	0.1503
December	0.1546	0.1490	0.1522