2023 PGK to CLP Historical Review

YEARLY HIGH

256.2701 CLP

YEARLY LOW

221.1081 CLP

YEARLY AVERAGE

233.1442 CLP

2023 PGK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 256.2701. Conversely, the yearly low was recorded on June 12, dropping to 221.1081.

This high-to-low spread represents a total annual volatility of 35.1620 CLP. From a start-to-finish perspective, comparing the January average rate of 233.6740 to the December average rate of 234.1759, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 256.2701 was down 13.10% compared to the 2022 peak of 294.8941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,281,350 CLP

2022 Average 1,239,695 CLP

Yearly Trough Low 1,105,541 CLP

Transaction Impact: A difference of 175,809.76 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

252.8236

222.0713

JanuMarcMayJulySeptNove

PGK 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 228.1290, compared to 238.1595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.0306 points.

H1 Avg (Jan–Jun) 228.1290

H2 Avg (Jul–Dec) 238.1595

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 19.4095 CLP (High: 244.6094 / Low: 225.1999). On the other end, May was the most stable month, with a tight range of 7.0536 CLP (High: 229.9572 / Low: 222.9036).

January Spread (Volatile) ±19.4095

May Spread (Stable) ±7.0536

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 14.0699 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -14.0699

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 250.2609) against the same month in 2022 (average: 270.7798), the exchange rate shifted by -20.5189 (-7.58%).

2023 Avg (October) 250.2609

2022 Avg (October) 270.7798

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	244.6094	225.1999	233.6740
February	236.4389	221.6312	226.9749
March	236.5453	223.6946	229.2946
April	233.6351	223.4921	228.3161
May	229.9572	222.9036	225.8801
June	229.1056	221.1081	224.6340
July	235.8129	222.0557	228.3374
August	247.4744	230.8114	236.8542
September	250.9121	233.1231	243.1378
October	256.2701	238.5246	250.2609
November	247.1382	229.9254	236.1910
December	239.5281	230.8763	234.1759