2023 EUR to CLP Historical Review

YEARLY HIGH

1000.3156 CLP

YEARLY LOW

843.1263 CLP

YEARLY AVERAGE

908.9172 CLP

2023 EUR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 1000.3156. Conversely, the yearly low was recorded on March 9, dropping to 843.1263.

This high-to-low spread represents a total annual volatility of 157.1893 CLP. From a start-to-finish perspective, comparing the January average rate of 887.9121 to the December average rate of 956.9305, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1000.3156 was down 6.95% compared to the 2022 peak of 1074.9815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,001,578 CLP

2022 Average 4,595,369 CLP

Yearly Trough Low 4,215,632 CLP

Transaction Impact: A difference of 785,946.26 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

992.3786

844.8716

JanuMarcMayJulySeptNove

EUR 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 871.4504, compared to 946.3840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 74.9336 points.

H1 Avg (Jan–Jun) 871.4504

H2 Avg (Jul–Dec) 946.3840

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 58.8946 CLP (High: 1000.3156 / Low: 941.4209). On the other end, June was the most stable month, with a tight range of 36.0692 CLP (High: 883.5095 / Low: 847.4403).

October Spread (Volatile) ±58.8946

June Spread (Stable) ±36.0692

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 January and February, when the average rate fell by 30.7483 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -30.7483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 980.0863) against the same month in 2022 (average: 938.3158), the exchange rate shifted by +41.7705 (+4.45%).

2023 Avg (October) 980.0863

2022 Avg (October) 938.3158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	909.1013	861.9584	887.9121
February	884.1264	845.2517	857.1639
March	893.0810	843.1263	865.2839
April	899.8021	858.8392	884.6887
May	891.5589	852.8108	868.0778
June	883.5095	847.4403	865.5762
July	924.0982	868.4127	901.7512
August	948.5950	912.5002	934.7007
September	960.2995	920.6017	946.1298
October	1000.3156	941.4209	980.0863
November	990.8621	943.1639	958.7056
December	985.9996	937.6776	956.9305