YEARLY HIGH
16.6682 CLP
YEARLY LOW
13.8091 CLP
YEARLY AVERAGE
14.9982 CLP

2023 DOP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 16.6682. Conversely, the yearly low was recorded on February 2, dropping to 13.8091.

This high-to-low spread represents a total annual volatility of 2.8591 CLP. From a start-to-finish perspective, comparing the January average rate of 14.5483 to the December average rate of 15.2797, the exchange rate registered a net change of 5.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.6682 was down 13.61% compared to the 2022 peak of 19.2952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,341 CLP
2022 Average 79,679 CLP
Yearly Trough Low 69,046 CLP
Transaction Impact: A difference of 14,295.38 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.5385
14.0522
JanuMarcMayJulySeptNove

DOP 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 14.5667, compared to 15.4297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8630 points.

H1 Avg (Jan–Jun) 14.5667
H2 Avg (Jul–Dec) 15.4297

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.3212 CLP (High: 15.3163 / Low: 13.9951). On the other end, June was the most stable month, with a tight range of 0.3857 CLP (High: 14.7634 / Low: 14.3777).

January Spread (Volatile) ±1.3212
June Spread (Stable) ±0.3857

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 0.7181 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 16.3313) against the same month in 2022 (average: 17.7529), the exchange rate shifted by -1.4216 (-8.01%).

2023 Avg (October) 16.3313
2022 Avg (October) 17.7529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.3163 13.9951 14.5483
February 14.9794 13.8091 14.2594
March 15.2122 14.3715 14.6972
April 14.9953 14.4327 14.7183
May 14.8826 14.4166 14.6315
June 14.7634 14.3777 14.5455
July 14.9606 14.3756 14.6117
August 15.3864 14.8709 15.1298
September 16.0110 15.0316 15.6124
October 16.6682 15.6687 16.3313
November 16.2828 15.2362 15.6132
December 15.5089 15.0421 15.2797