YEARLY HIGH
0.0087 TTD
YEARLY LOW
0.0072 TTD
YEARLY AVERAGE
0.0081 TTD

2023 CLP to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0087. Conversely, the yearly low was recorded on October 22, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0015 TTD. From a start-to-finish perspective, comparing the January average rate of 0.0083 to the December average rate of 0.0078, the exchange rate registered a net change of -5.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0087 was down 0.94% compared to the 2022 peak of 0.0088, 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 8,687 TTD
2022 Average 7,798 TTD
Yearly Trough Low 7,178 TTD
Transaction Impact: A difference of 1,509.61 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0086
0.0072
JanuMarcMayJulySeptNove

CLP to TTD 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 0.0084, compared to 0.0078 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) 0.0084
H2 Avg (Jul–Dec) 0.0078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 TTD (High: 0.0086 / Low: 0.0079). On the other end, June was the most stable month, with a tight range of 0.0002 TTD (High: 0.0086 / Low: 0.0084).

January Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0085) against the same month in 2022 (average: 0.0084), the exchange rate shifted by +0.0001 (+1.06%).

2023 Avg (February) 0.0085
2022 Avg (February) 0.0084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0079 0.0083
February 0.0087 0.0081 0.0085
March 0.0086 0.0081 0.0084
April 0.0086 0.0082 0.0084
May 0.0086 0.0084 0.0085
June 0.0086 0.0084 0.0085
July 0.0085 0.0081 0.0083
August 0.0081 0.0078 0.0079
September 0.0080 0.0075 0.0077
October 0.0076 0.0072 0.0073
November 0.0078 0.0073 0.0077
December 0.0079 0.0076 0.0078