YEARLY HIGH
247.4016 CLP
YEARLY LOW
213.0046 CLP
YEARLY AVERAGE
227.9511 CLP

2023 ILS to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 247.4016. Conversely, the yearly low was recorded on June 3, dropping to 213.0046.

This high-to-low spread represents a total annual volatility of 34.3969 CLP. From a start-to-finish perspective, comparing the January average rate of 239.0190 to the December average rate of 239.1240, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 247.4016 was down 19.05% compared to the 2022 peak of 305.6063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,237,008 CLP
2022 Average 1,301,156 CLP
Yearly Trough Low 1,065,023 CLP
Transaction Impact: A difference of 171,984.74 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

241.2972
215.2190
JanuMarcMayJulySeptNove

ILS 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 224.4320, compared to 231.4702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.0382 points.

H1 Avg (Jan–Jun) 224.4320
H2 Avg (Jul–Dec) 231.4702

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 18.8639 CLP (High: 239.4815 / Low: 220.6176). On the other end, May was the most stable month, with a tight range of 8.9171 CLP (High: 222.7217 / Low: 213.8046).

October Spread (Volatile) ±18.8639
May Spread (Stable) ±8.9171

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 12.9627 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -12.9627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 239.1240) against the same month in 2022 (average: 252.4494), the exchange rate shifted by -13.3254 (-5.28%).

2023 Avg (December) 239.1240
2022 Avg (December) 252.4494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 244.7823 229.7241 239.0190
February 233.1232 220.2889 226.0562
March 227.4587 218.3859 223.3618
April 227.2563 216.9435 221.5060
May 222.7217 213.8046 217.3922
June 226.5377 213.0046 219.2568
July 229.3170 216.0259 222.4523
August 233.8915 222.2532 228.8153
September 236.7270 224.7957 232.1638
October 239.4815 220.6176 233.1984
November 239.5272 222.4274 233.0676
December 247.4016 231.9151 239.1240