2023 CLP to XAF Historical Review

YEARLY HIGH

0.7780 XAF

YEARLY LOW

0.6557 XAF

YEARLY AVERAGE

0.7234 XAF

2023 CLP to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.7780. Conversely, the yearly low was recorded on October 22, dropping to 0.6557.

This high-to-low spread represents a total annual volatility of 0.1223 XAF. From a start-to-finish perspective, comparing the January average rate of 0.7389 to the December average rate of 0.6857, the exchange rate registered a net change of -7.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7780 was up 1.34% compared to the 2022 peak of 0.7677, 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 778,006 XAF

2022 Average 714,653 XAF

Yearly Trough Low 655,750 XAF

Transaction Impact: A difference of 122,256.10 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7749

0.6599

JanuMarcMayJulySeptNove

CLP to XAF 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 0.7530, compared to 0.6937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0592 points.

H1 Avg (Jan–Jun) 0.7530

H2 Avg (Jul–Dec) 0.6937

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0455 XAF (High: 0.7554 / Low: 0.7098). On the other end, August was the most stable month, with a tight range of 0.0274 XAF (High: 0.7189 / Low: 0.6915).

July Spread (Volatile) ±0.0455

August Spread (Stable) ±0.0274

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 June and July, when the average rate fell by 0.0303 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7583) against the same month in 2022 (average: 0.7468), the exchange rate shifted by +0.0115 (+1.54%).

2023 Avg (March) 0.7583

2022 Avg (March) 0.7468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7610	0.7215	0.7389
February	0.7760	0.7419	0.7654
March	0.7780	0.7345	0.7583
April	0.7638	0.7290	0.7416
May	0.7692	0.7357	0.7558
June	0.7740	0.7424	0.7580
July	0.7554	0.7098	0.7277
August	0.7189	0.6915	0.7019
September	0.7125	0.6831	0.6934
October	0.6968	0.6557	0.6694
November	0.6955	0.6620	0.6843
December	0.6996	0.6653	0.6857