YEARLY HIGH
0.0035 XCD
YEARLY LOW
0.0029 XCD
YEARLY AVERAGE
0.0032 XCD

2023 CLP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, 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 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0031, the exchange rate registered a net change of -6.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0035 was down 0.43% compared to the 2022 peak of 0.0035, 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 3,459 XCD
2022 Average 3,104 XCD
Yearly Trough Low 2,854 XCD
Transaction Impact: A difference of 605.27 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0034
0.0029
JanuMarcMayJulySeptNove

CLP to XCD 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 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 XCD (High: 0.0034 / Low: 0.0031). On the other end, June was the most stable month, with a tight range of 0.0001 XCD (High: 0.0034 / 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 (February 2023: 0.0034) against the same month in 2022 (average: 0.0033), the exchange rate shifted by +0.0000 (+0.97%).

2023 Avg (February) 0.0034
2022 Avg (February) 0.0033

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 0.0033 0.0033
April 0.0034 0.0033 0.0034
May 0.0034 0.0033 0.0034
June 0.0034 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 0.0030 0.0029 0.0029
November 0.0031 0.0029 0.0031
December 0.0031 0.0030 0.0031