YEARLY HIGH
40.6240 CLP
YEARLY LOW
35.6213 CLP
YEARLY AVERAGE
37.8318 CLP

2023 CZK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 40.6240. Conversely, the yearly low was recorded on February 18, dropping to 35.6213.

This high-to-low spread represents a total annual volatility of 5.0027 CLP. From a start-to-finish perspective, comparing the January average rate of 37.0649 to the December average rate of 39.0651, the exchange rate registered a net change of 5.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.6240 was down 7.38% compared to the 2022 peak of 43.8601, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 203,120 CLP
2022 Average 187,095 CLP
Yearly Trough Low 178,106 CLP
Transaction Impact: A difference of 25,013.57 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.2419
35.7568
JanuMarcMayJulySeptNove

CZK 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 36.7639, compared to 38.8997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1358 points.

H1 Avg (Jan–Jun) 36.7639
H2 Avg (Jul–Dec) 38.8997

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 2.1850 CLP (High: 40.6240 / Low: 38.4390). On the other end, September was the most stable month, with a tight range of 1.2245 CLP (High: 39.3916 / Low: 38.1672).

October Spread (Volatile) ±2.1850
September Spread (Stable) ±1.2245

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 April and May, when the average rate fell by 0.9455 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9455

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 39.8681) against the same month in 2022 (average: 38.2543), the exchange rate shifted by +1.6138 (+4.22%).

2023 Avg (October) 39.8681
2022 Avg (October) 38.2543

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.8039 36.2229 37.0649
February 37.3920 35.6213 36.1306
March 37.2726 35.6471 36.5035
April 38.2942 36.5392 37.6561
May 37.8256 36.1042 36.7106
June 37.3335 35.6902 36.5179
July 38.6859 36.5470 37.7405
August 39.4324 37.8605 38.7497
September 39.3916 38.1672 38.7934
October 40.6240 38.4390 39.8681
November 40.3206 38.3054 39.1814
December 40.1842 38.4714 39.0651