2023 MWK to CLP Historical Review

YEARLY HIGH

0.8408 CLP

YEARLY LOW

0.5118 CLP

YEARLY AVERAGE

0.7563 CLP

2023 MWK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.8408. Conversely, the yearly low was recorded on December 1, dropping to 0.5118.

This high-to-low spread represents a total annual volatility of 0.3291 CLP. From a start-to-finish perspective, comparing the January average rate of 0.8046 to the December average rate of 0.5200, the exchange rate registered a net change of -35.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8408 was down 20.91% compared to the 2022 peak of 1.0631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,204 CLP

2022 Average 4,715 CLP

Yearly Trough Low 2,559 CLP

Transaction Impact: A difference of 1,645.36 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8468

0.4903

JanuMarcMayJulySeptNove

MWK 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 0.7858, compared to 0.7267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0590 points.

H1 Avg (Jan–Jun) 0.7858

H2 Avg (Jul–Dec) 0.7267

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.3141 CLP (High: 0.8305 / Low: 0.5165). On the other end, December was the most stable month, with a tight range of 0.0191 CLP (High: 0.5309 / Low: 0.5118).

November Spread (Volatile) ±0.3141

December Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.1660 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1660

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8046) against the same month in 2022 (average: 1.0055), the exchange rate shifted by -0.2009 (-19.98%).

2023 Avg (January) 0.8046

2022 Avg (January) 1.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8408	0.7727	0.8046
February	0.8113	0.7652	0.7805
March	0.8052	0.7660	0.7865
April	0.8027	0.7728	0.7859
May	0.7931	0.7643	0.7782
June	0.7963	0.7622	0.7790
July	0.7980	0.7590	0.7756
August	0.8255	0.7746	0.7968
September	0.8398	0.7928	0.8171
October	0.8405	0.7816	0.8085
November	0.8305	0.5165	0.6425
December	0.5309	0.5118	0.5200