2023 KWD to CLP Historical Review

YEARLY HIGH

3061.5674 CLP

YEARLY LOW

2559.8632 CLP

YEARLY AVERAGE

2733.2142 CLP

2023 KWD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 3061.5674. Conversely, the yearly low was recorded on May 13, dropping to 2559.8632.

This high-to-low spread represents a total annual volatility of 501.7042 CLP. From a start-to-finish perspective, comparing the January average rate of 2694.0961 to the December average rate of 2845.2745, the exchange rate registered a net change of 5.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3061.5674 was down 10.43% compared to the 2022 peak of 3417.9393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,307,837 CLP

2022 Average 14,269,341 CLP

Yearly Trough Low 12,799,316 CLP

Transaction Impact: A difference of 2,508,521.04 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3039.6401

2557.8399

JanuMarcMayJulySeptNove

KWD 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 2628.4730, compared to 2837.9553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 209.4823 points.

H1 Avg (Jan–Jun) 2628.4730

H2 Avg (Jul–Dec) 2837.9553

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 213.8481 CLP (High: 2813.9359 / Low: 2600.0878). On the other end, June was the most stable month, with a tight range of 65.3365 CLP (High: 2626.1169 / Low: 2560.7804).

January Spread (Volatile) ±213.8481

June Spread (Stable) ±65.3365

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 126.7869 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -126.7869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2999.4901) against the same month in 2022 (average: 3076.8119), the exchange rate shifted by -77.3218 (-2.51%).

2023 Avg (October) 2999.4901

2022 Avg (October) 3076.8119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2813.9359	2600.0878	2694.0961
February	2713.5304	2560.6946	2617.1142
March	2706.7250	2570.7389	2634.4077
April	2675.5689	2579.0684	2627.5277
May	2643.2391	2559.8632	2599.7022
June	2626.1169	2560.7804	2597.9899
July	2736.1283	2602.1930	2658.2022
August	2830.9049	2736.9013	2782.0404
September	2939.0647	2770.6198	2870.0217
October	3061.5674	2881.2019	2999.4901
November	2999.0378	2819.4600	2872.7032
December	2906.0800	2791.3306	2845.2745