2023 INR to CLP Historical Review

YEARLY HIGH

11.3819 CLP

YEARLY LOW

9.5010 CLP

YEARLY AVERAGE

10.1714 CLP

2023 INR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 11.3819. Conversely, the yearly low was recorded on February 14, dropping to 9.5010.

This high-to-low spread represents a total annual volatility of 1.8809 CLP. From a start-to-finish perspective, comparing the January average rate of 10.0723 to the December average rate of 10.5233, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.3819 was down 13.65% compared to the 2022 peak of 13.1805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 2,845,474 CLP

2022 Average 2,779,881 CLP

Yearly Trough Low 2,375,258 CLP

Transaction Impact: A difference of 470,216.10 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.2910

9.5471

JanuMarcMayJulySeptNove

INR 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 9.8024, compared to 10.5405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7381 points.

H1 Avg (Jan–Jun) 9.8024

H2 Avg (Jul–Dec) 10.5405

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7080 CLP (High: 10.4141 / Low: 9.7061). On the other end, August was the most stable month, with a tight range of 0.2633 CLP (High: 10.4755 / Low: 10.2122).

January Spread (Volatile) ±0.7080

August Spread (Stable) ±0.2633

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 0.5040 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.5040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 11.1456) against the same month in 2022 (average: 11.5873), the exchange rate shifted by -0.4417 (-3.81%).

2023 Avg (October) 11.1456

2022 Avg (October) 11.5873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4141	9.7061	10.0723
February	10.0824	9.5010	9.6934
March	10.0640	9.6024	9.8193
April	10.0166	9.6240	9.8237
May	9.9015	9.5525	9.6924
June	9.8444	9.5456	9.7133
July	10.2178	9.7045	9.9208
August	10.4755	10.2122	10.3420
September	10.9218	10.3153	10.6695
October	11.3819	10.7214	11.1456
November	11.1307	10.4287	10.6416
December	10.7339	10.3551	10.5233