2023 NAD to CLP Historical Review

YEARLY HIGH

50.7099 CLP

YEARLY LOW

40.6168 CLP

YEARLY AVERAGE

45.4349 CLP

2023 NAD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 50.7099. Conversely, the yearly low was recorded on May 27, dropping to 40.6168.

This high-to-low spread represents a total annual volatility of 10.0931 CLP. From a start-to-finish perspective, comparing the January average rate of 48.2069 to the December average rate of 46.8933, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 50.7099 was down 23.56% compared to the 2022 peak of 66.3363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 253,550 CLP

2022 Average 268,346 CLP

Yearly Trough Low 203,084 CLP

Transaction Impact: A difference of 50,465.50 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

48.8446

41.1918

JanuMarcMayJulySeptNove

NAD 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 44.3264, compared to 46.5434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2169 points.

H1 Avg (Jan–Jun) 44.3264

H2 Avg (Jul–Dec) 46.5434

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 4.6116 CLP (High: 50.4495 / Low: 45.8379). On the other end, March was the most stable month, with a tight range of 1.9482 CLP (High: 45.0928 / Low: 43.1446).

October Spread (Volatile) ±4.6116

March Spread (Stable) ±1.9482

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 January and February, when the average rate fell by 3.3938 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.3938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 48.2069) against the same month in 2022 (average: 52.9273), the exchange rate shifted by -4.7205 (-8.92%).

2023 Avg (January) 48.2069

2022 Avg (January) 52.9273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.7099	46.1157	48.2069
February	47.1100	43.7798	44.8130
March	45.0928	43.1446	44.1825
April	45.5978	43.1098	44.2949
May	43.9642	40.6168	41.8296
June	43.8766	40.8232	42.6318
July	47.0513	42.5758	44.7249
August	46.4478	43.4241	45.4665
September	48.0480	45.0822	46.7014
October	50.4495	45.8379	48.1957
November	49.1657	44.9439	47.2785
December	48.4590	45.3545	46.8933