YEARLY HIGH
0.0138 SEK
YEARLY LOW
0.0112 SEK
YEARLY AVERAGE
0.0127 SEK

2023 CLP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0138. Conversely, the yearly low was recorded on December 26, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0026 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0126 to the December average rate of 0.0117, the exchange rate registered a net change of -7.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0138 was up 11.57% compared to the 2022 peak of 0.0123, 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 13,760 SEK
2022 Average 11,584 SEK
Yearly Trough Low 11,196 SEK
Transaction Impact: A difference of 2,564.42 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0137
0.0115
JanuMarcMayJulySeptNove

CLP to SEK 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 0.0130, compared to 0.0123 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) 0.0130
H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0012 SEK (High: 0.0137 / Low: 0.0125). On the other end, June was the most stable month, with a tight range of 0.0005 SEK (High: 0.0138 / Low: 0.0133).

July Spread (Volatile) ±0.0012
June Spread (Stable) ±0.0005

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 September and October, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0135) against the same month in 2022 (average: 0.0116), the exchange rate shifted by +0.0019 (+16.09%).

2023 Avg (June) 0.0135
2022 Avg (June) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0123 0.0126
February 0.0133 0.0125 0.0131
March 0.0135 0.0125 0.0130
April 0.0131 0.0126 0.0129
May 0.0135 0.0127 0.0131
June 0.0138 0.0133 0.0135
July 0.0137 0.0125 0.0129
August 0.0131 0.0123 0.0126
September 0.0129 0.0121 0.0125
October 0.0125 0.0115 0.0119
November 0.0125 0.0117 0.0121
December 0.0121 0.0112 0.0117