2023 ILS to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |