2023 FKP to CLP Historical Review

YEARLY HIGH

1156.3760 CLP

YEARLY LOW

949.5882 CLP

YEARLY AVERAGE

1044.6537 CLP

2023 FKP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 1156.3760. Conversely, the yearly low was recorded on March 9, dropping to 949.5882.

This high-to-low spread represents a total annual volatility of 206.7878 CLP. From a start-to-finish perspective, comparing the January average rate of 1007.7491 to the December average rate of 1109.5615, the exchange rate registered a net change of 10.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1156.3760 was down 8.32% compared to the 2022 peak of 1261.3409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,781,880 CLP

2022 Average 5,389,294 CLP

Yearly Trough Low 4,747,941 CLP

Transaction Impact: A difference of 1,033,939.18 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1145.1977

950.0114

JanuMarcMayJulySeptNove

FKP 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 993.4206, compared to 1095.8868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 102.4662 points.

H1 Avg (Jan–Jun) 993.4206

H2 Avg (Jul–Dec) 1095.8868

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 71.6439 CLP (High: 1156.3760 / Low: 1084.7322). On the other end, May was the most stable month, with a tight range of 31.7847 CLP (High: 1010.1383 / Low: 978.3536).

October Spread (Volatile) ±71.6439

May Spread (Stable) ±31.7847

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 January and February, when the average rate fell by 41.4722 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -41.4722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1128.9321) against the same month in 2022 (average: 1077.6993), the exchange rate shifted by +51.2328 (+4.75%).

2023 Avg (October) 1128.9321

2022 Avg (October) 1077.6993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1031.6025	976.8575	1007.7491
February	1005.1823	950.4231	966.2769
March	1014.3470	949.5882	980.2896
April	1019.5079	976.3779	1001.9977
May	1010.1383	978.3536	995.4875
June	1029.4974	985.1720	1008.7229
July	1078.2982	1015.3792	1050.1884
August	1109.7973	1063.2183	1088.1688
September	1119.1482	1074.1251	1097.4698
October	1156.3760	1084.7322	1128.9321
November	1136.9718	1083.5209	1101.0001
December	1136.2879	1093.0936	1109.5615