YEARLY HIGH
0.0425 CLP
YEARLY LOW
0.0342 CLP
YEARLY AVERAGE
0.0372 CLP

2023 STD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.0425. Conversely, the yearly low was recorded on February 2, dropping to 0.0342.

This high-to-low spread represents a total annual volatility of 0.0083 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0361 to the December average rate of 0.0393, the exchange rate registered a net change of 9.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0425 was down 11.10% compared to the 2022 peak of 0.0478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212 CLP
2022 Average 197 CLP
Yearly Trough Low 171 CLP
Transaction Impact: A difference of 41.34 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0423
0.0343
JanuMarcMayJulySeptNove

STD 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: JanтАУJun) was 0.0353, compared to 0.0391 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0038 points.

H1 Avg (JanтАУJun) 0.0353
H2 Avg (JulтАУDec) 0.0391

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0030 CLP (High: 0.0378 / Low: 0.0348). On the other end, June was the most stable month, with a tight range of 0.0008 CLP (High: 0.0353 / Low: 0.0345).

January Spread (Volatile) ┬▒0.0030
June Spread (Stable) ┬▒0.0008

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0019 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0416) against the same month in 2022 (average: 0.0417), the exchange rate shifted by -0.0000 (-0.06%).

2023 Avg (October) 0.0416
2022 Avg (October) 0.0417

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 0.0378 0.0348 0.0361
February 0.0365 0.0342 0.0351
March 0.0364 0.0345 0.0354
April 0.0359 0.0347 0.0353
May 0.0356 0.0344 0.0350
June 0.0353 0.0345 0.0350
July 0.0377 0.0351 0.0358
August 0.0391 0.0378 0.0384
September 0.0408 0.0383 0.0398
October 0.0425 0.0400 0.0416
November 0.0416 0.0390 0.0398
December 0.0401 0.0387 0.0393