YEARLY HIGH
0.0106 SBD
YEARLY LOW
0.0089 SBD
YEARLY AVERAGE
0.0100 SBD

2023 CLP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.0106. Conversely, the yearly low was recorded on October 22, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0017 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0097, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0106 was up 2.68% compared to the 2022 peak of 0.0103, 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 10,607 SBD
2022 Average 9,344 SBD
Yearly Trough Low 8,897 SBD
Transaction Impact: A difference of 1,709.48 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0106
0.0090
JanuMarcMayJulySeptNove

CLP to SBD 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 0.0103, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0103
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0008 SBD (High: 0.0104 / Low: 0.0096). On the other end, June was the most stable month, with a tight range of 0.0003 SBD (High: 0.0106 / Low: 0.0103).

January Spread (Volatile) ±0.0008
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0104) against the same month in 2022 (average: 0.0096), the exchange rate shifted by +0.0009 (+9.09%).

2023 Avg (May) 0.0104
2022 Avg (May) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0104 0.0096 0.0100
February 0.0105 0.0099 0.0103
March 0.0104 0.0099 0.0102
April 0.0105 0.0101 0.0103
May 0.0106 0.0102 0.0104
June 0.0106 0.0103 0.0104
July 0.0106 0.0099 0.0103
August 0.0099 0.0096 0.0098
September 0.0098 0.0092 0.0095
October 0.0094 0.0089 0.0091
November 0.0098 0.0091 0.0095
December 0.0098 0.0095 0.0097