2023 KZT to CLP Historical Review

YEARLY HIGH

1.9877 CLP

YEARLY LOW

1.7032 CLP

YEARLY AVERAGE

1.8398 CLP

2023 KZT to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 1.9877. Conversely, the yearly low was recorded on February 2, dropping to 1.7032.

This high-to-low spread represents a total annual volatility of 0.2845 CLP. From a start-to-finish perspective, comparing the January average rate of 1.7796 to the December average rate of 1.9078, the exchange rate registered a net change of 7.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9877 was down 9.17% compared to the 2022 peak of 2.1884, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,938 CLP

2022 Average 9,482 CLP

Yearly Trough Low 8,516 CLP

Transaction Impact: A difference of 1,422.51 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9643

1.7572

JanuMarcMayJulySeptNove

KZT 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 1.7825, compared to 1.8970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1145 points.

H1 Avg (Jan–Jun) 1.7825

H2 Avg (Jul–Dec) 1.8970

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1596 CLP (High: 1.8628 / Low: 1.7032). On the other end, June was the most stable month, with a tight range of 0.0574 CLP (High: 1.8091 / Low: 1.7517).

February Spread (Volatile) ±0.1596

June Spread (Stable) ±0.0574

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0340 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.9130) against the same month in 2022 (average: 1.9795), the exchange rate shifted by -0.0665 (-3.36%).

2023 Avg (November) 1.9130

2022 Avg (November) 1.9795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8627	1.7233	1.7796
February	1.8628	1.7032	1.7744
March	1.8652	1.7389	1.7903
April	1.8485	1.7338	1.7830
May	1.8232	1.7462	1.7886
June	1.8091	1.7517	1.7792
July	1.8881	1.7749	1.8320
August	1.9328	1.8173	1.8910
September	1.9319	1.8613	1.8910
October	1.9840	1.8613	1.9470
November	1.9877	1.8885	1.9130
December	1.9453	1.8746	1.9078