2023 CLP to RON Historical Review

YEARLY HIGH

0.0059 RON

YEARLY LOW

0.0050 RON

YEARLY AVERAGE

0.0055 RON

2023 CLP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0059. Conversely, the yearly low was recorded on October 16, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0009 RON. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0052, the exchange rate registered a net change of -6.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0059 was up 1.03% compared to the 2022 peak of 0.0058, 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 5,852 RON

2022 Average 5,372 RON

Yearly Trough Low 4,968 RON

Transaction Impact: A difference of 884.24 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0058

0.0050

JanuMarcMayJulySeptNove

CLP to RON 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 0.0057, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0057

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0004 RON (High: 0.0057 / Low: 0.0053). On the other end, August was the most stable month, with a tight range of 0.0002 RON (High: 0.0054 / Low: 0.0052).

July Spread (Volatile) ±0.0004

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0057) against the same month in 2022 (average: 0.0054), the exchange rate shifted by +0.0003 (+5.84%).

2023 Avg (June) 0.0057

2022 Avg (June) 0.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0057	0.0054	0.0056
February	0.0058	0.0056	0.0057
March	0.0058	0.0056	0.0057
April	0.0058	0.0055	0.0056
May	0.0058	0.0055	0.0057
June	0.0059	0.0056	0.0057
July	0.0057	0.0053	0.0055
August	0.0054	0.0052	0.0053
September	0.0054	0.0052	0.0053
October	0.0053	0.0050	0.0051
November	0.0053	0.0050	0.0052
December	0.0053	0.0050	0.0052