YEARLY HIGH
0.0470 UAH
YEARLY LOW
0.0384 UAH
YEARLY AVERAGE
0.0439 UAH

2023 CLP to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.0470. Conversely, the yearly low was recorded on October 16, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.0086 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0447 to the December average rate of 0.0425, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0470 was up 8.27% 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 47,041 UAH
2022 Average 37,303 UAH
Yearly Trough Low 38,419 UAH
Transaction Impact: A difference of 8,622.47 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0470
0.0387
JanuMarcMayJulySeptNove

CLP to UAH 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 0.0458, compared to 0.0421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0458
H2 Avg (Jul–Dec) 0.0421

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0037 UAH (High: 0.0463 / Low: 0.0426). On the other end, June was the most stable month, with a tight range of 0.0014 UAH (High: 0.0469 / Low: 0.0455).

January Spread (Volatile) ±0.0037
June Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0462) against the same month in 2022 (average: 0.0350), the exchange rate shifted by +0.0112 (+31.96%).

2023 Avg (May) 0.0462
2022 Avg (May) 0.0350

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0463 0.0426 0.0447
February 0.0470 0.0441 0.0460
March 0.0468 0.0441 0.0456
April 0.0465 0.0446 0.0457
May 0.0470 0.0453 0.0462
June 0.0469 0.0455 0.0463
July 0.0462 0.0440 0.0452
August 0.0439 0.0423 0.0431
September 0.0433 0.0407 0.0417
October 0.0415 0.0384 0.0394
November 0.0418 0.0391 0.0408
December 0.0433 0.0417 0.0425