YEARLY HIGH
0.1172 RUB
YEARLY LOW
0.0805 RUB
YEARLY AVERAGE
0.1016 RUB

2023 CLP to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.1172. Conversely, the yearly low was recorded on January 15, dropping to 0.0805.

This high-to-low spread represents a total annual volatility of 0.0367 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0850 to the December average rate of 0.1040, the exchange rate registered a net change of 22.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1172 was down 33.37% compared to the 2022 peak of 0.1759, 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 117,199 RUB
2022 Average 81,078 RUB
Yearly Trough Low 80,486 RUB
Transaction Impact: A difference of 36,712.12 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1146
0.0823
JanuMarcMayJulySeptNove

CLP to RUB 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 0.0959, compared to 0.1072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.0959
H2 Avg (Jul–Dec) 0.1072

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0104 RUB (High: 0.1108 / Low: 0.1004). On the other end, July was the most stable month, with a tight range of 0.0045 RUB (High: 0.1136 / Low: 0.1091).

June Spread (Volatile) ±0.0104
July Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1119) against the same month in 2022 (average: 0.0673), the exchange rate shifted by +0.0446 (+66.18%).

2023 Avg (August) 0.1119
2022 Avg (August) 0.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0889 0.0805 0.0850
February 0.0941 0.0887 0.0918
March 0.0980 0.0926 0.0946
April 0.1031 0.0967 0.1006
May 0.1016 0.0967 0.0992
June 0.1108 0.1004 0.1045
July 0.1136 0.1091 0.1111
August 0.1172 0.1075 0.1119
September 0.1130 0.1062 0.1092
October 0.1100 0.1003 0.1047
November 0.1057 0.0992 0.1022
December 0.1066 0.1000 0.1040