2023 MVR to CLP Historical Review

YEARLY HIGH

61.6495 CLP

YEARLY LOW

50.8875 CLP

YEARLY AVERAGE

54.6516 CLP

2023 MVR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 61.6495. Conversely, the yearly low was recorded on February 2, dropping to 50.8875.

This high-to-low spread represents a total annual volatility of 10.7620 CLP. From a start-to-finish perspective, comparing the January average rate of 53.5097 to the December average rate of 56.9829, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 61.6495 was down 9.76% compared to the 2022 peak of 68.3183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 308,248 CLP

2022 Average 283,542 CLP

Yearly Trough Low 254,437 CLP

Transaction Impact: A difference of 53,810.22 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

61.1099

51.1674

JanuMarcMayJulySeptNove

MVR 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 52.4403, compared to 56.8630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4227 points.

H1 Avg (Jan–Jun) 52.4403

H2 Avg (Jul–Dec) 56.8630

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.2722 CLP (High: 55.9422 / Low: 51.6700). On the other end, June was the most stable month, with a tight range of 1.4461 CLP (High: 52.7093 / Low: 51.2631).

January Spread (Volatile) ±4.2722

June Spread (Stable) ±1.4461

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 2.6063 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.6063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 60.2814) against the same month in 2022 (average: 61.7929), the exchange rate shifted by -1.5115 (-2.45%).

2023 Avg (October) 60.2814

2022 Avg (October) 61.7929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.9422	51.6700	53.5097
February	54.2535	50.8875	52.1690
March	53.9357	51.1923	52.5244
April	53.3907	51.3245	52.4215
May	52.9302	51.1556	51.9959
June	52.7093	51.2631	52.0211
July	54.7450	51.9818	53.0319
August	56.7208	54.7936	55.7329
September	58.8218	55.4119	57.4737
October	61.6495	58.0531	60.2814
November	60.7165	56.4653	57.6751
December	58.1349	56.1243	56.9829