2023 CLP to TZS Historical Review

YEARLY HIGH

3.0440 TZS

YEARLY LOW

2.6422 TZS

YEARLY AVERAGE

2.8862 TZS

2023 CLP to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 3.0440. Conversely, the yearly low was recorded on October 16, dropping to 2.6422.

This high-to-low spread represents a total annual volatility of 0.4018 TZS. From a start-to-finish perspective, comparing the January average rate of 2.8366 to the December average rate of 2.8682, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0440 was up 1.83% compared to the 2022 peak of 2.9892, 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 3,043,976 TZS

2022 Average 2,671,241 TZS

Yearly Trough Low 2,642,204 TZS

Transaction Impact: A difference of 401,771.75 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0223

2.6722

JanuMarcMayJulySeptNove

CLP to TZS 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 2.9176, compared to 2.8548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0628 points.

H1 Avg (Jan–Jun) 2.9176

H2 Avg (Jul–Dec) 2.8548

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2332 TZS (High: 2.9383 / Low: 2.7051). On the other end, June was the most stable month, with a tight range of 0.0862 TZS (High: 3.0188 / Low: 2.9326).

January Spread (Volatile) ±0.2332

June Spread (Stable) ±0.0862

Growth Streaks & Declines

Trends

Between March and July, 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 September and October, when the average rate fell by 0.1268 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.9932) against the same month in 2022 (average: 2.4321), the exchange rate shifted by +0.5611 (+23.07%).

2023 Avg (July) 2.9932

2022 Avg (July) 2.4321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9383	2.7051	2.8366
February	2.9922	2.7984	2.9169
March	2.9580	2.8060	2.8911
April	2.9623	2.8560	2.9128
May	2.9997	2.9084	2.9572
June	3.0188	2.9326	2.9910
July	3.0440	2.9225	2.9932
August	2.9652	2.8693	2.9120
September	2.9357	2.7610	2.8282
October	2.8166	2.6422	2.7014
November	2.8894	2.7028	2.8256
December	2.9174	2.8178	2.8682