YEARLY HIGH
0.0498 CLP
YEARLY LOW
0.0416 CLP
YEARLY AVERAGE
0.0451 CLP

2023 LAK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0498. Conversely, the yearly low was recorded on December 2, dropping to 0.0416.

This high-to-low spread represents a total annual volatility of 0.0082 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0484 to the December average rate of 0.0424, the exchange rate registered a net change of -12.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0498 was down 34.60% compared to the 2022 peak of 0.0762, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 249 CLP
2022 Average 311 CLP
Yearly Trough Low 208 CLP
Transaction Impact: A difference of 41.03 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0491
0.0418
JanuMarcMayJulySeptNove

LAK 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 0.0466, compared to 0.0436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0466
H2 Avg (Jul–Dec) 0.0436

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0032 CLP (High: 0.0455 / Low: 0.0423). On the other end, December was the most stable month, with a tight range of 0.0018 CLP (High: 0.0434 / Low: 0.0416).

June Spread (Volatile) ±0.0032
December Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0484) against the same month in 2022 (average: 0.0728), the exchange rate shifted by -0.0243 (-33.41%).

2023 Avg (January) 0.0484
2022 Avg (January) 0.0728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0498 0.0471 0.0484
February 0.0492 0.0464 0.0475
March 0.0496 0.0465 0.0479
April 0.0481 0.0462 0.0470
May 0.0467 0.0447 0.0455
June 0.0455 0.0423 0.0434
July 0.0440 0.0419 0.0427
August 0.0452 0.0431 0.0441
September 0.0455 0.0433 0.0445
October 0.0457 0.0431 0.0450
November 0.0446 0.0420 0.0428
December 0.0434 0.0416 0.0424