2023 JOD to CLP Historical Review

YEARLY HIGH

1334.2774 CLP

YEARLY LOW

1101.2828 CLP

YEARLY AVERAGE

1184.4901 CLP

2023 JOD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 1334.2774. Conversely, the yearly low was recorded on February 2, dropping to 1101.2828.

This high-to-low spread represents a total annual volatility of 232.9946 CLP. From a start-to-finish perspective, comparing the January average rate of 1160.4090 to the December average rate of 1234.7792, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1334.2774 was down 9.97% compared to the 2022 peak of 1482.0310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,671,387 CLP

2022 Average 6,166,909 CLP

Yearly Trough Low 5,506,414 CLP

Transaction Impact: A difference of 1,164,973.10 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1325.8080

1106.3285

JanuMarcMayJulySeptNove

JOD 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 1135.3688, compared to 1233.6114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 98.2426 points.

H1 Avg (Jan–Jun) 1135.3688

H2 Avg (Jul–Dec) 1233.6114

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 95.5892 CLP (High: 1214.3527 / Low: 1118.7635). On the other end, June was the most stable month, with a tight range of 27.0140 CLP (High: 1136.9683 / Low: 1109.9543).

January Spread (Volatile) ±95.5892

June Spread (Stable) ±27.0140

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 58.3281 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -58.3281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1307.5181) against the same month in 2022 (average: 1345.3747), the exchange rate shifted by -37.8566 (-2.81%).

2023 Avg (October) 1307.5181

2022 Avg (October) 1345.3747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1214.3527	1118.7635	1160.4090
February	1174.3705	1101.2828	1128.9910
March	1170.0380	1111.3064	1138.1905
April	1155.4442	1114.8999	1134.8944
May	1145.8888	1107.6262	1124.6185
June	1136.9683	1109.9543	1125.1091
July	1185.9104	1127.5546	1149.7431
August	1230.7290	1188.2394	1210.0687
September	1280.7705	1205.0846	1250.3693
October	1334.2774	1255.8484	1307.5181
November	1305.4080	1225.2575	1249.1899
December	1258.6367	1215.2086	1234.7792