2023 CRC to CLP Historical Review

YEARLY HIGH

1.7833 CLP

YEARLY LOW

1.3756 CLP

YEARLY AVERAGE

1.5529 CLP

2023 CRC to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 1.7833. Conversely, the yearly low was recorded on February 9, dropping to 1.3756.

This high-to-low spread represents a total annual volatility of 0.4077 CLP. From a start-to-finish perspective, comparing the January average rate of 1.4324 to the December average rate of 1.6681, the exchange rate registered a net change of 16.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7833 was up 11.90% compared to the 2022 peak of 1.5937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,917 CLP

2022 Average 6,792 CLP

Yearly Trough Low 6,878 CLP

Transaction Impact: A difference of 2,038.47 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7767

1.3851

JanuMarcMayJulySeptNove

CRC 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 1.4661, compared to 1.6398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1737 points.

H1 Avg (Jan–Jun) 1.4661

H2 Avg (Jul–Dec) 1.6398

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.1200 CLP (High: 1.7833 / Low: 1.6633). On the other end, June was the most stable month, with a tight range of 0.0342 CLP (High: 1.4989 / Low: 1.4647).

October Spread (Volatile) ±0.1200

June Spread (Stable) ±0.0342

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 0.0736 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0736

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.7440) against the same month in 2022 (average: 1.5299), the exchange rate shifted by +0.2141 (+14.00%).

2023 Avg (October) 1.7440

2022 Avg (October) 1.5299

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4653	1.4023	1.4324
February	1.4870	1.3756	1.4177
March	1.5412	1.4334	1.4804
April	1.5328	1.4659	1.5032
May	1.5147	1.4578	1.4846
June	1.4989	1.4647	1.4782
July	1.5544	1.4738	1.5096
August	1.6365	1.5443	1.5920
September	1.6866	1.5826	1.6546
October	1.7833	1.6633	1.7440
November	1.7426	1.6389	1.6704
December	1.7132	1.6285	1.6681