2023 IDR to CLP Historical Review

YEARLY HIGH

0.0604 CLP

YEARLY LOW

0.0514 CLP

YEARLY AVERAGE

0.0551 CLP

2023 IDR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.0604. Conversely, the yearly low was recorded on March 9, dropping to 0.0514.

This high-to-low spread represents a total annual volatility of 0.0090 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0540 to the December average rate of 0.0566, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0604 was down 14.02% compared to the 2022 peak of 0.0702, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 603,860 CLP

2022 Average 588,572 CLP

Yearly Trough Low 513,510 CLP

Transaction Impact: A difference of 90,349.91 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0595

0.0522

JanuMarcMayJulySeptNove

IDR 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 0.0535, compared to 0.0567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0535

H2 Avg (Jul–Dec) 0.0567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0043 CLP (High: 0.0604 / Low: 0.0561). On the other end, June was the most stable month, with a tight range of 0.0013 CLP (High: 0.0542 / Low: 0.0529).

October Spread (Volatile) ±0.0043

June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0589) against the same month in 2022 (average: 0.0618), the exchange rate shifted by -0.0029 (-4.77%).

2023 Avg (October) 0.0589

2022 Avg (October) 0.0618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0553	0.0529	0.0540
February	0.0548	0.0518	0.0528
March	0.0540	0.0514	0.0528
April	0.0550	0.0528	0.0541
May	0.0550	0.0529	0.0537
June	0.0542	0.0529	0.0534
July	0.0556	0.0529	0.0541
August	0.0570	0.0553	0.0561
September	0.0585	0.0560	0.0576
October	0.0604	0.0561	0.0589
November	0.0590	0.0555	0.0569
December	0.0580	0.0557	0.0566