2023 HUF to CLP Historical Review

YEARLY HIGH

2.6266 CLP

YEARLY LOW

2.1701 CLP

YEARLY AVERAGE

2.3805 CLP

2023 HUF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 2.6266. Conversely, the yearly low was recorded on February 7, dropping to 2.1701.

This high-to-low spread represents a total annual volatility of 0.4565 CLP. From a start-to-finish perspective, comparing the January average rate of 2.2488 to the December average rate of 2.5062, the exchange rate registered a net change of 11.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6266 was down 2.67% compared to the 2022 peak of 2.6985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 2,626,589 CLP

2022 Average 2,354,367 CLP

Yearly Trough Low 2,170,078 CLP

Transaction Impact: A difference of 456,511.42 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5732

2.1976

JanuMarcMayJulySeptNove

HUF 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 2.2895, compared to 2.4714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1819 points.

H1 Avg (Jan–Jun) 2.2895

H2 Avg (Jul–Dec) 2.4714

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.2016 CLP (High: 2.6177 / Low: 2.4161). On the other end, January was the most stable month, with a tight range of 0.0876 CLP (High: 2.2908 / Low: 2.2032).

October Spread (Volatile) ±0.2016

January Spread (Stable) ±0.0876

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 November and December, when the average rate fell by 0.0225 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.5288) against the same month in 2022 (average: 2.3051), the exchange rate shifted by +0.2236 (+9.70%).

2023 Avg (November) 2.5288

2022 Avg (November) 2.3051

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2908	2.2032	2.2488
February	2.3395	2.1701	2.2289
March	2.3235	2.1848	2.2456
April	2.3904	2.2553	2.3505
May	2.3779	2.2879	2.3280
June	2.3914	2.2963	2.3351
July	2.4597	2.2678	2.3775
August	2.4773	2.3705	2.4274
September	2.4926	2.3937	2.4468
October	2.6177	2.4161	2.5419
November	2.6266	2.4646	2.5288
December	2.5824	2.4587	2.5062