YEARLY HIGH
1.0522 CLP
YEARLY LOW
0.8681 CLP
YEARLY AVERAGE
0.9334 CLP

2023 KPW to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 1.0522. Conversely, the yearly low was recorded on February 2, dropping to 0.8681.

This high-to-low spread represents a total annual volatility of 0.1841 CLP. From a start-to-finish perspective, comparing the January average rate of 0.9147 to the December average rate of 0.9733, 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 1.0522 was down 9.88% compared to the 2022 peak of 1.1675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,261 CLP
2022 Average 4,859 CLP
Yearly Trough Low 4,340 CLP
Transaction Impact: A difference of 920.48 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0451
0.8721
JanuMarcMayJulySeptNove

KPW 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 0.8950, compared to 0.9718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0769 points.

H1 Avg (Jan–Jun) 0.8950
H2 Avg (Jul–Dec) 0.9718

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0760 CLP (High: 0.9579 / Low: 0.8818). On the other end, June was the most stable month, with a tight range of 0.0212 CLP (High: 0.8961 / Low: 0.8749).

January Spread (Volatile) ±0.0760
June Spread (Stable) ±0.0212

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 0.0461 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.0307) against the same month in 2022 (average: 1.0600), the exchange rate shifted by -0.0293 (-2.76%).

2023 Avg (October) 1.0307
2022 Avg (October) 1.0600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9579 0.8818 0.9147
February 0.9259 0.8681 0.8900
March 0.9229 0.8760 0.8973
April 0.9107 0.8788 0.8945
May 0.9033 0.8731 0.8865
June 0.8961 0.8749 0.8868
July 0.9337 0.8889 0.9060
August 0.9679 0.9351 0.9519
September 1.0101 0.9481 0.9845
October 1.0522 0.9902 1.0307
November 1.0288 0.9662 0.9845
December 0.9921 0.9579 0.9733