YEARLY HIGH
30.0990 VND
YEARLY LOW
25.8484 VND
YEARLY AVERAGE
28.4277 VND

2023 CLP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 30.0990. Conversely, the yearly low was recorded on October 16, dropping to 25.8484.

This high-to-low spread represents a total annual volatility of 4.2505 VND. From a start-to-finish perspective, comparing the January average rate of 28.5216 to the December average rate of 27.7245, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.0990 was up 2.41% compared to the 2022 peak of 29.3921, 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 30,098,965 VND
2022 Average 26,855,169 VND
Yearly Trough Low 25,848,421 VND
Transaction Impact: A difference of 4,250,544.05 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.8421
26.0859
JanuMarcMayJulySeptNove

CLP to VND 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 29.2189, compared to 27.6365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5824 points.

H1 Avg (Jan–Jun) 29.2189
H2 Avg (Jul–Dec) 27.6365

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.2445 VND (High: 29.5451 / Low: 27.3006). On the other end, June was the most stable month, with a tight range of 0.7152 VND (High: 29.8402 / Low: 29.1251).

January Spread (Volatile) ±2.2445
June Spread (Stable) ±0.7152

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 1.1570 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 29.5290) against the same month in 2022 (average: 28.1324), the exchange rate shifted by +1.3967 (+4.96%).

2023 Avg (February) 29.5290
2022 Avg (February) 28.1324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.5451 27.3006 28.5216
February 30.0990 28.5816 29.5290
March 29.7829 28.4014 29.2339
April 29.6936 28.6093 29.1559
May 29.8574 28.8743 29.4125
June 29.8402 29.1251 29.4604
July 29.6966 28.1886 29.0208
August 28.3973 27.3453 27.8639
September 28.2249 26.8391 27.3436
October 27.5151 25.8484 26.3989
November 27.9476 26.3318 27.4672
December 28.2547 27.1758 27.7245