2023 GMD to CLP Historical Review

YEARLY HIGH

14.8000 CLP

YEARLY LOW

12.6807 CLP

YEARLY AVERAGE

13.4891 CLP

2023 GMD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 14.8000. Conversely, the yearly low was recorded on March 30, dropping to 12.6807.

This high-to-low spread represents a total annual volatility of 2.1193 CLP. From a start-to-finish perspective, comparing the January average rate of 13.2723 to the December average rate of 13.0061, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.8000 was down 23.86% compared to the 2022 peak of 19.4366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,000 CLP

2022 Average 79,056 CLP

Yearly Trough Low 63,404 CLP

Transaction Impact: A difference of 10,596.37 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.4761

12.8725

JanuMarcMayJulySeptNove

GMD 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 13.2206, compared to 13.7576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5370 points.

H1 Avg (Jan–Jun) 13.2206

H2 Avg (Jul–Dec) 13.7576

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.0847 CLP (High: 14.8000 / Low: 13.7153). On the other end, June was the most stable month, with a tight range of 0.3548 CLP (High: 13.5995 / Low: 13.2448).

September Spread (Volatile) ±1.0847

June Spread (Stable) ±0.3548

Growth Streaks & Declines

Trends

Between April and September, 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 0.8888 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8888

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 14.3425) against the same month in 2022 (average: 16.8487), the exchange rate shifted by -2.5062 (-14.87%).

2023 Avg (September) 14.3425

2022 Avg (September) 16.8487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9043	12.8422	13.2723
February	13.6612	12.7825	13.1097
March	13.5059	12.6807	13.1556
April	13.4612	12.7258	13.0189
May	13.6525	13.1287	13.3482
June	13.5995	13.2448	13.4188
July	14.0056	13.4228	13.6711
August	14.3866	13.8915	14.1413
September	14.8000	13.7153	14.3425
October	14.3944	13.6941	14.1368
November	13.7941	12.9159	13.2479
December	13.2474	12.7998	13.0061