YEARLY HIGH
0.0035 WST
YEARLY LOW
0.0029 WST
YEARLY AVERAGE
0.0033 WST

2023 CLP to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.0035. Conversely, the yearly low was recorded on October 16, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0006 WST. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0032, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0035 was up 3.63% compared to the 2022 peak of 0.0033, 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 3,469 WST
2022 Average 3,068 WST
Yearly Trough Low 2,871 WST
Transaction Impact: A difference of 597.84 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0035
0.0029
JanuMarcMayJulySeptNove

CLP to WST 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 0.0034, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 WST (High: 0.0034 / Low: 0.0031). On the other end, June was the most stable month, with a tight range of 0.0001 WST (High: 0.0035 / Low: 0.0034).

January Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0034) against the same month in 2022 (average: 0.0031), the exchange rate shifted by +0.0003 (+10.69%).

2023 Avg (May) 0.0034
2022 Avg (May) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0034 0.0031 0.0033
February 0.0035 0.0032 0.0034
March 0.0034 0.0032 0.0033
April 0.0034 0.0033 0.0034
May 0.0035 0.0034 0.0034
June 0.0035 0.0034 0.0034
July 0.0034 0.0032 0.0033
August 0.0032 0.0031 0.0032
September 0.0032 0.0030 0.0031
October 0.0031 0.0029 0.0030
November 0.0032 0.0030 0.0032
December 0.0032 0.0031 0.0032