YEARLY HIGH
0.0040 TND
YEARLY LOW
0.0034 TND
YEARLY AVERAGE
0.0037 TND

2023 CLP to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0040. Conversely, the yearly low was recorded on October 22, dropping to 0.0034.

This high-to-low spread represents a total annual volatility of 0.0006 TND. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0035, the exchange rate registered a net change of -5.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0040 was up 3.27% compared to the 2022 peak of 0.0038, 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 3,964 TND
2022 Average 3,533 TND
Yearly Trough Low 3,352 TND
Transaction Impact: A difference of 612.51 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0039
0.0034
JanuMarcMayJulySeptNove

CLP to TND 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 0.0038, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0038
H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0002 TND (High: 0.0039 / Low: 0.0036). On the other end, June was the most stable month, with a tight range of 0.0001 TND (High: 0.0039 / Low: 0.0038).

January Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0039) against the same month in 2022 (average: 0.0036), the exchange rate shifted by +0.0003 (+8.96%).

2023 Avg (February) 0.0039
2022 Avg (February) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0039 0.0036 0.0038
February 0.0040 0.0038 0.0039
March 0.0040 0.0038 0.0039
April 0.0039 0.0037 0.0038
May 0.0039 0.0038 0.0038
June 0.0039 0.0038 0.0039
July 0.0039 0.0037 0.0038
August 0.0037 0.0035 0.0036
September 0.0036 0.0035 0.0035
October 0.0036 0.0034 0.0034
November 0.0036 0.0034 0.0035
December 0.0036 0.0034 0.0035