YEARLY HIGH
0.7636 SDG
YEARLY LOW
0.6224 SDG
YEARLY AVERAGE
0.7116 SDG

2023 CLP to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.7636. Conversely, the yearly low was recorded on November 20, dropping to 0.6224.

This high-to-low spread represents a total annual volatility of 0.1412 SDG. From a start-to-finish perspective, comparing the January average rate of 0.7011 to the December average rate of 0.6861, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7636 was up 13.24% compared to the 2022 peak of 0.6743, 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 763,602 SDG
2022 Average 570,388 SDG
Yearly Trough Low 622,440 SDG
Transaction Impact: A difference of 141,161.65 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7638
0.6374
JanuMarcMayJulySeptNove

CLP to SDG 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 0.7352, compared to 0.6880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0472 points.

H1 Avg (Jan–Jun) 0.7352
H2 Avg (Jul–Dec) 0.6880

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0693 SDG (High: 0.7339 / Low: 0.6647). On the other end, June was the most stable month, with a tight range of 0.0174 SDG (High: 0.7626 / Low: 0.7452).

January Spread (Volatile) ±0.0693
June Spread (Stable) ±0.0174

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 0.0353 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.7522) against the same month in 2022 (average: 0.5337), the exchange rate shifted by +0.2185 (+40.94%).

2023 Avg (May) 0.7522
2022 Avg (May) 0.5337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7339 0.6647 0.7011
February 0.7469 0.7074 0.7312
March 0.7535 0.6997 0.7304
April 0.7560 0.7042 0.7427
May 0.7636 0.7386 0.7522
June 0.7626 0.7452 0.7533
July 0.7519 0.7158 0.7373
August 0.7147 0.6899 0.7020
September 0.7049 0.6611 0.6787
October 0.6750 0.6347 0.6480
November 0.6912 0.6224 0.6758
December 0.6972 0.6731 0.6861