YEARLY HIGH
0.5647 CLP
YEARLY LOW
0.0516 CLP
YEARLY AVERAGE
0.1035 CLP

2023 LBP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5647. Conversely, the yearly low was recorded on June 8, dropping to 0.0516.

This high-to-low spread represents a total annual volatility of 0.5131 CLP. From a start-to-finish perspective, comparing the January average rate of 0.5431 to the December average rate of 0.0582, the exchange rate registered a net change of -89.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5647 was down 18.87% compared to the 2022 peak of 0.6961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,824 CLP
2022 Average 2,885 CLP
Yearly Trough Low 258 CLP
Transaction Impact: A difference of 2,565.69 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5921
0.0038
JanuMarcMayJulySeptNove

LBP 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 0.1488, compared to 0.0581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0906 points.

H1 Avg (Jan–Jun) 0.1488
H2 Avg (Jul–Dec) 0.0581

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.4763 CLP (High: 0.5282 / Low: 0.0519). On the other end, May was the most stable month, with a tight range of 0.0020 CLP (High: 0.0540 / Low: 0.0520).

February Spread (Volatile) ±0.4763
May Spread (Stable) ±0.0020

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 January and February, when the average rate fell by 0.4061 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5431) against the same month in 2022 (average: 0.5428), the exchange rate shifted by +0.0002 (+0.04%).

2023 Avg (January) 0.5431
2022 Avg (January) 0.5428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5647 0.5249 0.5431
February 0.5282 0.0519 0.1370
March 0.0555 0.0522 0.0536
April 0.0547 0.0526 0.0533
May 0.0540 0.0520 0.0529
June 0.0538 0.0516 0.0528
July 0.0556 0.0529 0.0541
August 0.0580 0.0557 0.0569
September 0.0605 0.0568 0.0589
October 0.0629 0.0592 0.0618
November 0.0616 0.0578 0.0591
December 0.0594 0.0573 0.0582