YEARLY HIGH
0.0499 UYU
YEARLY LOW
0.0421 UYU
YEARLY AVERAGE
0.0463 UYU

2023 CLP to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.0499. Conversely, the yearly low was recorded on September 27, dropping to 0.0421.

This high-to-low spread represents a total annual volatility of 0.0077 UYU. From a start-to-finish perspective, comparing the January average rate of 0.0480 to the December average rate of 0.0448, the exchange rate registered a net change of -6.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0499 was down 10.87% compared to the 2022 peak of 0.0560, 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 49,873 UYU
2022 Average 47,364 UYU
Yearly Trough Low 42,137 UYU
Transaction Impact: A difference of 7,736.83 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0494
0.0421
JanuMarcMayJulySeptNove

CLP to UYU 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 0.0483, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0483
H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0033 UYU (High: 0.0499 / Low: 0.0465). On the other end, August was the most stable month, with a tight range of 0.0017 UYU (High: 0.0451 / Low: 0.0433).

February Spread (Volatile) ±0.0033
August Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between October and December, 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 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0488) against the same month in 2022 (average: 0.0534), the exchange rate shifted by -0.0046 (-8.62%).

2023 Avg (February) 0.0488
2022 Avg (February) 0.0534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0490 0.0462 0.0480
February 0.0499 0.0465 0.0488
March 0.0493 0.0473 0.0484
April 0.0491 0.0471 0.0482
May 0.0496 0.0476 0.0487
June 0.0495 0.0466 0.0480
July 0.0472 0.0448 0.0464
August 0.0451 0.0433 0.0442
September 0.0441 0.0421 0.0429
October 0.0448 0.0422 0.0427
November 0.0456 0.0430 0.0448
December 0.0461 0.0441 0.0448