YEARLY HIGH
130.8791 CLP
YEARLY LOW
110.3756 CLP
YEARLY AVERAGE
118.7417 CLP

2023 CNY to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 130.8791. Conversely, the yearly low was recorded on June 12, dropping to 110.3756.

This high-to-low spread represents a total annual volatility of 20.5035 CLP. From a start-to-finish perspective, comparing the January average rate of 121.2030 to the December average rate of 123.0597, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 130.8791 was down 15.99% compared to the 2022 peak of 155.7905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 3,271,977 CLP
2022 Average 3,247,239 CLP
Yearly Trough Low 2,759,390 CLP
Transaction Impact: A difference of 512,586.48 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

129.1044
109.9718
JanuMarcMayJulySeptNove

CNY to CLP 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 116.3407, compared to 121.1428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8020 points.

H1 Avg (Jan–Jun) 116.3407
H2 Avg (Jul–Dec) 121.1428

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 8.8424 CLP (High: 130.8791 / Low: 122.0367). On the other end, June was the most stable month, with a tight range of 3.2972 CLP (High: 113.6728 / Low: 110.3756).

October Spread (Volatile) ±8.8424
June Spread (Stable) ±3.2972

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.5318 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.5318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 127.5100) against the same month in 2022 (average: 132.6813), the exchange rate shifted by -5.1713 (-3.90%).

2023 Avg (October) 127.5100
2022 Avg (October) 132.6813

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 124.6647 117.4961 121.2030
February 119.9904 114.9366 117.0347
March 120.6037 114.3536 117.1628
April 119.2094 115.1453 116.9021
May 117.1467 112.9227 114.1757
June 113.6728 110.3756 111.5662
July 118.2697 110.3829 113.4699
August 120.6340 115.9581 118.3405
September 124.3780 117.5185 121.4982
October 130.8791 122.0367 127.5100
November 127.0132 120.3438 122.9783
December 125.1080 121.6152 123.0597