2023 FJD to CLP Historical Review

YEARLY HIGH

415.3049 CLP

YEARLY LOW

350.6704 CLP

YEARLY AVERAGE

376.6571 CLP

2023 FJD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 415.3049. Conversely, the yearly low was recorded on June 9, dropping to 350.6704.

This high-to-low spread represents a total annual volatility of 64.6345 CLP. From a start-to-finish perspective, comparing the January average rate of 377.9301 to the December average rate of 395.4516, the exchange rate registered a net change of 4.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 415.3049 was down 12.90% compared to the 2022 peak of 476.8271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,076,524 CLP

2022 Average 1,995,897 CLP

Yearly Trough Low 1,753,352 CLP

Transaction Impact: A difference of 323,172.26 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

411.3930

353.8234

JanuMarcMayJulySeptNove

FJD 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 364.6847, compared to 388.6295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.9448 points.

H1 Avg (Jan–Jun) 364.6847

H2 Avg (Jul–Dec) 388.6295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 27.6309 CLP (High: 415.3049 / Low: 387.6740). On the other end, May was the most stable month, with a tight range of 11.9283 CLP (High: 365.5830 / Low: 353.6547).

October Spread (Volatile) ±27.6309

May Spread (Stable) ±11.9283

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 14.4506 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -14.4506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 406.5955) against the same month in 2022 (average: 413.4445), the exchange rate shifted by -6.8490 (-1.66%).

2023 Avg (October) 406.5955

2022 Avg (October) 413.4445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	389.9882	367.2099	377.9301
February	375.9851	356.3818	365.0684
March	375.7566	355.6977	364.0946
April	371.7081	355.3077	363.7707
May	365.5830	353.6547	358.6208
June	364.6627	350.6704	358.6238
July	375.7036	356.6247	367.6645
August	388.6169	372.7483	379.7577
September	397.5557	377.5838	390.1628
October	415.3049	387.6740	406.5955
November	402.7354	386.1600	392.1450
December	405.8441	388.0921	395.4516