YEARLY HIGH
0.0139 TJS
YEARLY LOW
0.0116 TJS
YEARLY AVERAGE
0.0129 TJS

2023 CLP to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.0139. Conversely, the yearly low was recorded on October 22, dropping to 0.0116.

This high-to-low spread represents a total annual volatility of 0.0023 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0125, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0139 was down 16.95% compared to the 2022 peak of 0.0168, 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 13,928 TJS
2022 Average 12,662 TJS
Yearly Trough Low 11,597 TJS
Transaction Impact: A difference of 2,330.65 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0139
0.0116
JanuMarcMayJulySeptNove

CLP to TJS 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 0.0132, compared to 0.0125 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) 0.0132
H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0015 TJS (High: 0.0139 / Low: 0.0123). On the other end, June was the most stable month, with a tight range of 0.0004 TJS (High: 0.0139 / Low: 0.0135).

March Spread (Volatile) ±0.0015
June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0137) against the same month in 2022 (average: 0.0147), the exchange rate shifted by -0.0010 (-7.07%).

2023 Avg (May) 0.0137
2022 Avg (May) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0130 0.0118 0.0124
February 0.0134 0.0120 0.0130
March 0.0139 0.0123 0.0131
April 0.0138 0.0132 0.0136
May 0.0139 0.0134 0.0137
June 0.0139 0.0135 0.0137
July 0.0137 0.0130 0.0134
August 0.0130 0.0126 0.0128
September 0.0129 0.0121 0.0124
October 0.0124 0.0116 0.0118
November 0.0126 0.0118 0.0123
December 0.0127 0.0123 0.0125