2023 COP to CLP Historical Review

YEARLY HIGH

0.2305 CLP

YEARLY LOW

0.1609 CLP

YEARLY AVERAGE

0.1957 CLP

2023 COP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2305. Conversely, the yearly low was recorded on February 22, dropping to 0.1609.

This high-to-low spread represents a total annual volatility of 0.0696 CLP. From a start-to-finish perspective, comparing the January average rate of 0.1747 to the December average rate of 0.2214, the exchange rate registered a net change of 26.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2305 was down 5.24% compared to the 2022 peak of 0.2432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000,000 COP based on timing:

Yearly Peak High 1,152,474 CLP

2022 Average 1,030,676 CLP

Yearly Trough Low 804,388 CLP

Transaction Impact: A difference of 348,086.39 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2269

0.1616

JanuMarcMayJulySeptNove

COP 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 0.1758, compared to 0.2156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 0.1758

H2 Avg (Jul–Dec) 0.2156

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0223 CLP (High: 0.2138 / Low: 0.1915). On the other end, March was the most stable month, with a tight range of 0.0077 CLP (High: 0.1743 / Low: 0.1667).

July Spread (Volatile) ±0.0223

March Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between May and September, 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 January and February, when the average rate fell by 0.0076 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2214) against the same month in 2022 (average: 0.1822), the exchange rate shifted by +0.0393 (+21.56%).

2023 Avg (December) 0.2214

2022 Avg (December) 0.1822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1791	0.1703	0.1747
February	0.1731	0.1609	0.1671
March	0.1743	0.1667	0.1697
April	0.1816	0.1700	0.1776
May	0.1837	0.1701	0.1758
June	0.1973	0.1808	0.1901
July	0.2138	0.1915	0.2007
August	0.2167	0.2046	0.2104
September	0.2270	0.2081	0.2211
October	0.2256	0.2126	0.2198
November	0.2301	0.2133	0.2199
December	0.2305	0.2146	0.2214