2023 PLN to CLP Historical Review

YEARLY HIGH

227.8486 CLP

YEARLY LOW

176.9976 CLP

YEARLY AVERAGE

200.3699 CLP

2023 PLN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 227.8486. Conversely, the yearly low was recorded on February 14, dropping to 176.9976.

This high-to-low spread represents a total annual volatility of 50.8510 CLP. From a start-to-finish perspective, comparing the January average rate of 189.9177 to the December average rate of 220.8868, the exchange rate registered a net change of 16.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 227.8486 was up 0.86% compared to the 2022 peak of 225.9119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 4,556,973 CLP

2022 Average 3,924,060 CLP

Yearly Trough Low 3,539,952 CLP

Transaction Impact: A difference of 1,017,020.54 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

224.9067

176.6680

JanuMarcMayJulySeptNove

PLN 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 188.3693, compared to 212.3705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.0012 points.

H1 Avg (Jan–Jun) 188.3693

H2 Avg (Jul–Dec) 212.3705

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 20.7894 CLP (High: 224.5182 / Low: 203.7288). On the other end, May was the most stable month, with a tight range of 6.1074 CLP (High: 194.7423 / Low: 188.6349).

October Spread (Volatile) ±20.7894

May Spread (Stable) ±6.1074

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 9.2298 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -9.2298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 220.8868) against the same month in 2022 (average: 197.4423), the exchange rate shifted by +23.4445 (+11.87%).

2023 Avg (December) 220.8868

2022 Avg (December) 197.4423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	197.4213	183.0336	189.9177
February	187.5145	176.9976	180.6879
March	189.2685	179.8604	184.3038
April	195.4135	183.2444	190.2820
May	194.7423	188.6349	190.9441
June	199.7249	188.8495	194.0802
July	209.7877	194.4958	202.9119
August	214.3148	204.2433	209.6403
September	209.4014	202.6991	205.6310
October	224.5182	203.7288	217.3425
November	223.8077	211.5001	217.8105
December	227.8486	216.3018	220.8868