YEARLY HIGH
0.3205 YER
YEARLY LOW
0.2644 YER
YEARLY AVERAGE
0.2988 YER

2023 CLP to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.3205. Conversely, the yearly low was recorded on October 16, dropping to 0.2644.

This high-to-low spread represents a total annual volatility of 0.0561 YER. From a start-to-finish perspective, comparing the January average rate of 0.3042 to the December average rate of 0.2857, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3205 was down 0.37% compared to the 2022 peak of 0.3217, 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 320,512 YER
2022 Average 287,468 YER
Yearly Trough Low 264,379 YER
Transaction Impact: A difference of 56,133.14 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3182
0.2656
JanuMarcMayJulySeptNove

CLP to YER 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 0.3109, compared to 0.2867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0242 points.

H1 Avg (Jan–Jun) 0.3109
H2 Avg (Jul–Dec) 0.2867

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0252 YER (High: 0.3155 / Low: 0.2903). On the other end, June was the most stable month, with a tight range of 0.0074 YER (High: 0.3179 / Low: 0.3104).

January Spread (Volatile) ±0.0252
June Spread (Stable) ±0.0074

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 0.0148 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3126) against the same month in 2022 (average: 0.3095), the exchange rate shifted by +0.0031 (+1.00%).

2023 Avg (February) 0.3126
2022 Avg (February) 0.3095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3155 0.2903 0.3042
February 0.3205 0.3004 0.3126
March 0.3176 0.3013 0.3100
April 0.3165 0.3054 0.3110
May 0.3186 0.3079 0.3138
June 0.3179 0.3104 0.3137
July 0.3129 0.2979 0.3070
August 0.2975 0.2874 0.2922
September 0.2933 0.2754 0.2826
October 0.2810 0.2644 0.2699
November 0.2879 0.2704 0.2826
December 0.2904 0.2799 0.2857