YEARLY HIGH
0.0445 THB
YEARLY LOW
0.0383 THB
YEARLY AVERAGE
0.0415 THB

2023 CLP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0445. Conversely, the yearly low was recorded on October 16, dropping to 0.0383.

This high-to-low spread represents a total annual volatility of 0.0062 THB. From a start-to-finish perspective, comparing the January average rate of 0.0403 to the December average rate of 0.0399, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0445 was up 2.49% compared to the 2022 peak of 0.0434, 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 44,496 THB
2022 Average 40,130 THB
Yearly Trough Low 38,334 THB
Transaction Impact: A difference of 6,161.90 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0441
0.0389
JanuMarcMayJulySeptNove

CLP to THB 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 0.0424, compared to 0.0405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0424
H2 Avg (Jul–Dec) 0.0405

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0032 THB (High: 0.0440 / Low: 0.0408). On the other end, August was the most stable month, with a tight range of 0.0014 THB (High: 0.0417 / Low: 0.0403).

July Spread (Volatile) ±0.0032
August Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0437) against the same month in 2022 (average: 0.0404), the exchange rate shifted by +0.0033 (+8.04%).

2023 Avg (June) 0.0437
2022 Avg (June) 0.0404

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0414 0.0397 0.0403
February 0.0435 0.0416 0.0425
March 0.0439 0.0407 0.0426
April 0.0434 0.0414 0.0425
May 0.0435 0.0421 0.0428
June 0.0445 0.0429 0.0437
July 0.0440 0.0408 0.0425
August 0.0417 0.0403 0.0409
September 0.0413 0.0396 0.0404
October 0.0412 0.0383 0.0393
November 0.0407 0.0389 0.0400
December 0.0408 0.0387 0.0399