2023 CLP to SRD Historical Review

YEARLY HIGH

0.0481 SRD

YEARLY LOW

0.0367 SRD

YEARLY AVERAGE

0.0436 SRD

2023 CLP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0481. Conversely, the yearly low was recorded on January 3, dropping to 0.0367.

This high-to-low spread represents a total annual volatility of 0.0114 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0387 to the December average rate of 0.0427, the exchange rate registered a net change of 10.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0481 was up 28.27% compared to the 2022 peak of 0.0375, 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 48,101 SRD

2022 Average 27,659 SRD

Yearly Trough Low 36,662 SRD

Transaction Impact: A difference of 11,438.87 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0481

0.0378

JanuMarcMayJulySeptNove

CLP to SRD 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 0.0437, compared to 0.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0437

H2 Avg (Jul–Dec) 0.0435

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0042 SRD (High: 0.0456 / Low: 0.0414). On the other end, June was the most stable month, with a tight range of 0.0011 SRD (High: 0.0477 / Low: 0.0466).

March Spread (Volatile) ±0.0042

June Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0021 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0468) against the same month in 2022 (average: 0.0247), the exchange rate shifted by +0.0221 (+89.20%).

2023 Avg (May) 0.0468

2022 Avg (May) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0404	0.0367	0.0387
February	0.0418	0.0402	0.0410
March	0.0456	0.0414	0.0428
April	0.0471	0.0440	0.0457
May	0.0481	0.0459	0.0468
June	0.0477	0.0466	0.0472
July	0.0477	0.0460	0.0466
August	0.0458	0.0439	0.0447
September	0.0448	0.0420	0.0432
October	0.0430	0.0402	0.0411
November	0.0437	0.0411	0.0429
December	0.0439	0.0414	0.0427