YEARLY HIGH
29.2147 STD
YEARLY LOW
23.5304 STD
YEARLY AVERAGE
26.9802 STD

2023 CLP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CLP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 29.2147. Conversely, the yearly low was recorded on October 16, dropping to 23.5304.

This high-to-low spread represents a total annual volatility of 5.6843 STD. From a start-to-finish perspective, comparing the January average rate of 27.7381 to the December average rate of 25.4386, the exchange rate registered a net change of -8.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.2147 was up 3.14% compared to the 2022 peak of 28.3244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 29,214,708 STD
2022 Average 25,434,208 STD
Yearly Trough Low 23,530,402 STD
Transaction Impact: A difference of 5,684,306.31 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.0666
23.5678
JanuMarcMayJulySeptNove

CLP to STD 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: JanтАУJun) was 28.3446, compared to 25.6157 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 2.7289 points.

H1 Avg (JanтАУJun) 28.3446
H2 Avg (JulтАУDec) 25.6157

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.2824 STD (High: 28.7582 / Low: 26.4758). On the other end, June was the most stable month, with a tight range of 0.6847 STD (High: 28.9865 / Low: 28.3017).

January Spread (Volatile) ┬▒2.2824
June Spread (Stable) ┬▒0.6847

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 1.9012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 28.5018) against the same month in 2022 (average: 26.1536), the exchange rate shifted by +2.3482 (+8.98%).

2023 Avg (February) 28.5018
2022 Avg (February) 26.1536

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 28.7582 26.4758 27.7381
February 29.2147 27.3888 28.5018
March 28.9512 27.4786 28.2686
April 28.8579 27.8453 28.3535
May 29.0474 28.0735 28.6084
June 28.9865 28.3017 28.5974
July 28.5300 26.5153 27.9116
August 26.4746 25.5786 26.0105
September 26.1119 24.5100 25.1529
October 25.0034 23.5304 24.0261
November 25.6241 24.0643 25.1545
December 25.8469 24.9551 25.4386