2023 IQD to CLP Historical Review

YEARLY HIGH

0.7227 CLP

YEARLY LOW

0.5351 CLP

YEARLY AVERAGE

0.6204 CLP

2023 IQD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.7227. Conversely, the yearly low was recorded on February 2, dropping to 0.5351.

This high-to-low spread represents a total annual volatility of 0.1876 CLP. From a start-to-finish perspective, comparing the January average rate of 0.5640 to the December average rate of 0.6684, the exchange rate registered a net change of 18.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7227 was up 0.22% compared to the 2022 peak of 0.7211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,614 CLP

2022 Average 2,996 CLP

Yearly Trough Low 2,676 CLP

Transaction Impact: A difference of 937.84 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7245

0.5327

JanuMarcMayJulySeptNove

IQD 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 0.5728, compared to 0.6681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0953 points.

H1 Avg (Jan–Jun) 0.5728

H2 Avg (Jul–Dec) 0.6681

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0761 CLP (High: 0.6178 / Low: 0.5417). On the other end, June was the most stable month, with a tight range of 0.0174 CLP (High: 0.6185 / Low: 0.6011).

April Spread (Volatile) ±0.0761

June Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0310 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.7086) against the same month in 2022 (average: 0.6537), the exchange rate shifted by +0.0549 (+8.40%).

2023 Avg (October) 0.7086

2022 Avg (October) 0.6537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5905	0.5438	0.5640
February	0.5709	0.5351	0.5487
March	0.5734	0.5396	0.5540
April	0.6178	0.5417	0.5552
May	0.6207	0.5525	0.6052
June	0.6185	0.6011	0.6095
July	0.6412	0.6104	0.6231
August	0.6665	0.6423	0.6542
September	0.6936	0.6515	0.6766
October	0.7227	0.6793	0.7086
November	0.7068	0.6637	0.6776
December	0.6816	0.6579	0.6684