2023 CLP to RSD Historical Review

YEARLY HIGH

0.1391 RSD

YEARLY LOW

0.1170 RSD

YEARLY AVERAGE

0.1294 RSD

2023 CLP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.1391. Conversely, the yearly low was recorded on October 22, dropping to 0.1170.

This high-to-low spread represents a total annual volatility of 0.0221 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1322 to the December average rate of 0.1225, the exchange rate registered a net change of -7.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1391 was up 0.99% compared to the 2022 peak of 0.1377, 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 139,077 RSD

2022 Average 127,963 RSD

Yearly Trough Low 117,001 RSD

Transaction Impact: A difference of 22,076.00 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1386

0.1180

JanuMarcMayJulySeptNove

CLP to RSD 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 0.1347, compared to 0.1240 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) 0.1347

H2 Avg (Jul–Dec) 0.1240

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0081 RSD (High: 0.1350 / Low: 0.1269). On the other end, August was the most stable month, with a tight range of 0.0049 RSD (High: 0.1285 / Low: 0.1236).

July Spread (Volatile) ±0.0081

August Spread (Stable) ±0.0049

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 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1356) against the same month in 2022 (average: 0.1340), the exchange rate shifted by +0.0016 (+1.22%).

2023 Avg (March) 0.1356

2022 Avg (March) 0.1340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1361	0.1291	0.1322
February	0.1390	0.1326	0.1369
March	0.1391	0.1319	0.1356
April	0.1368	0.1304	0.1328
May	0.1376	0.1315	0.1353
June	0.1384	0.1327	0.1355
July	0.1350	0.1269	0.1300
August	0.1285	0.1236	0.1255
September	0.1275	0.1221	0.1240
October	0.1244	0.1170	0.1197
November	0.1244	0.1185	0.1223
December	0.1250	0.1192	0.1225