2023 CLP to PKR Historical Review

YEARLY HIGH

0.3763 PKR

YEARLY LOW

0.2632 PKR

YEARLY AVERAGE

0.3334 PKR

2023 CLP to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.3763. Conversely, the yearly low was recorded on January 3, dropping to 0.2632.

This high-to-low spread represents a total annual volatility of 0.1130 PKR. From a start-to-finish perspective, comparing the January average rate of 0.2842 to the December average rate of 0.3220, the exchange rate registered a net change of 13.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3763 was up 40.62% compared to the 2022 peak of 0.2676, 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 376,265 PKR

2022 Average 233,796 PKR

Yearly Trough Low 263,230 PKR

Transaction Impact: A difference of 113,035.17 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3666

0.2768

JanuMarcMayJulySeptNove

CLP to PKR 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 0.3387, compared to 0.3280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.3387

H2 Avg (Jul–Dec) 0.3280

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0744 PKR (High: 0.3376 / Low: 0.2632). On the other end, June was the most stable month, with a tight range of 0.0111 PKR (High: 0.3647 / Low: 0.3536).

January Spread (Volatile) ±0.0744

June Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0349 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.3581) against the same month in 2022 (average: 0.2292), the exchange rate shifted by +0.1289 (+56.23%).

2023 Avg (May) 0.3581

2022 Avg (May) 0.2292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3376	0.2632	0.2842
February	0.3474	0.3104	0.3315
March	0.3599	0.3224	0.3470
April	0.3588	0.3421	0.3524
May	0.3763	0.3503	0.3581
June	0.3647	0.3536	0.3591
July	0.3579	0.3358	0.3454
August	0.3586	0.3290	0.3426
September	0.3589	0.3176	0.3362
October	0.3244	0.2916	0.3013
November	0.3286	0.3067	0.3207
December	0.3309	0.3126	0.3220