2023 GNF to CLP Historical Review

YEARLY HIGH

0.1101 CLP

YEARLY LOW

0.0897 CLP

YEARLY AVERAGE

0.0975 CLP

2023 GNF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.1101. Conversely, the yearly low was recorded on February 17, dropping to 0.0897.

This high-to-low spread represents a total annual volatility of 0.0204 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0950 to the December average rate of 0.1018, the exchange rate registered a net change of 7.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1101 was down 9.24% compared to the 2022 peak of 0.1213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 551 CLP

2022 Average 497 CLP

Yearly Trough Low 448 CLP

Transaction Impact: A difference of 102.08 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1094

0.0910

JanuMarcMayJulySeptNove

GNF 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 0.0933, compared to 0.1017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.0933

H2 Avg (Jul–Dec) 0.1017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0077 CLP (High: 0.0993 / Low: 0.0916). On the other end, June was the most stable month, with a tight range of 0.0031 CLP (High: 0.0941 / Low: 0.0910).

January Spread (Volatile) ±0.0077

June Spread (Stable) ±0.0031

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 0.0048 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1079) against the same month in 2022 (average: 0.1099), the exchange rate shifted by -0.0020 (-1.84%).

2023 Avg (October) 0.1079

2022 Avg (October) 0.1099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0993	0.0916	0.0950
February	0.0960	0.0897	0.0927
March	0.0972	0.0911	0.0935
April	0.0957	0.0914	0.0936
May	0.0943	0.0908	0.0925
June	0.0941	0.0910	0.0925
July	0.0974	0.0927	0.0947
August	0.1014	0.0976	0.0995
September	0.1055	0.0994	0.1030
October	0.1101	0.1035	0.1079
November	0.1074	0.1010	0.1030
December	0.1043	0.1002	0.1018