2023 PEN to CLP Historical Review

YEARLY HIGH

245.3160 CLP

YEARLY LOW

203.4103 CLP

YEARLY AVERAGE

224.6213 CLP

2023 PEN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 245.3160. Conversely, the yearly low was recorded on February 2, dropping to 203.4103.

This high-to-low spread represents a total annual volatility of 41.9057 CLP. From a start-to-finish perspective, comparing the January average rate of 215.3608 to the December average rate of 234.4889, the exchange rate registered a net change of 8.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 245.3160 was down 8.97% compared to the 2022 peak of 269.4839, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,226,580 CLP

2022 Average 1,140,075 CLP

Yearly Trough Low 1,017,052 CLP

Transaction Impact: A difference of 209,528.34 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

244.9164

205.4463

JanuMarcMayJulySeptNove

PEN 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 214.6192, compared to 234.6234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.0042 points.

H1 Avg (Jan–Jun) 214.6192

H2 Avg (Jul–Dec) 234.6234

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 21.2444 CLP (High: 226.2793 / Low: 205.0348). On the other end, August was the most stable month, with a tight range of 5.8926 CLP (High: 234.6215 / Low: 228.7289).

January Spread (Volatile) ±21.2444

August Spread (Stable) ±5.8926

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 6.6356 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -6.6356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 241.6273) against the same month in 2022 (average: 239.9842), the exchange rate shifted by +1.6431 (+0.68%).

2023 Avg (October) 241.6273

2022 Avg (October) 239.9842

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	226.2793	205.0348	215.3608
February	218.4927	203.4103	208.7354
March	219.7622	209.9043	213.7985
April	219.2338	210.0135	214.2950
May	220.6383	213.0313	216.5964
June	223.2344	214.9540	218.9288
July	233.2264	220.3740	226.6159
August	234.6215	228.7289	232.0765
September	242.0176	231.0396	237.9399
October	245.3160	233.5301	241.6273
November	244.2323	230.4667	234.9917
December	241.9720	228.8979	234.4889