2023 LKR to CLP Historical Review

YEARLY HIGH

2.9194 CLP

YEARLY LOW

2.1347 CLP

YEARLY AVERAGE

2.5648 CLP

2023 LKR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 2.9194. Conversely, the yearly low was recorded on February 2, dropping to 2.1347.

This high-to-low spread represents a total annual volatility of 0.7848 CLP. From a start-to-finish perspective, comparing the January average rate of 2.2510 to the December average rate of 2.6811, the exchange rate registered a net change of 19.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9194 was down 30.47% compared to the 2022 peak of 4.1987, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,597 CLP

2022 Average 14,037 CLP

Yearly Trough Low 10,673 CLP

Transaction Impact: A difference of 3,923.91 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9206

2.1281

JanuMarcMayJulySeptNove

LKR 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 2.4299, compared to 2.6997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2698 points.

H1 Avg (Jan–Jun) 2.4299

H2 Avg (Jul–Dec) 2.6997

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3674 CLP (High: 2.5480 / Low: 2.1806). On the other end, August was the most stable month, with a tight range of 0.1010 CLP (High: 2.7083 / Low: 2.6074).

March Spread (Volatile) ±0.3674

August Spread (Stable) ±0.1010

Growth Streaks & Declines

Trends

Between February and June, 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 0.1510 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.8546) against the same month in 2022 (average: 2.6127), the exchange rate shifted by +0.2418 (+9.26%).

2023 Avg (October) 2.8546

2022 Avg (October) 2.6127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3585	2.1597	2.2510
February	2.2957	2.1347	2.1942
March	2.5480	2.1806	2.4176
April	2.5783	2.3963	2.5009
May	2.7434	2.4759	2.5769
June	2.7539	2.4997	2.6388
July	2.6243	2.4776	2.5545
August	2.7083	2.6074	2.6627
September	2.8041	2.6665	2.7416
October	2.9194	2.7226	2.8546
November	2.8292	2.6405	2.7035
December	2.7419	2.6253	2.6811