YEARLY HIGH
0.1285 CLP
YEARLY LOW
0.1071 CLP
YEARLY AVERAGE
0.1152 CLP

2023 PYG to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.1285. Conversely, the yearly low was recorded on February 2, dropping to 0.1071.

This high-to-low spread represents a total annual volatility of 0.0214 CLP. From a start-to-finish perspective, comparing the January average rate of 0.1116 to the December average rate of 0.1191, the exchange rate registered a net change of 6.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1285 was down 16.23% compared to the 2022 peak of 0.1534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 643 CLP
2022 Average 627 CLP
Yearly Trough Low 536 CLP
Transaction Impact: A difference of 106.96 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1275
0.1081
JanuMarcMayJulySeptNove

PYG 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 0.1112, compared to 0.1193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.1112
H2 Avg (Jul–Dec) 0.1193

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0101 CLP (High: 0.1176 / Low: 0.1075). On the other end, June was the most stable month, with a tight range of 0.0026 CLP (High: 0.1114 / Low: 0.1088).

January Spread (Volatile) ±0.0101
June Spread (Stable) ±0.0026

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 0.0067 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1258) against the same month in 2022 (average: 0.1333), the exchange rate shifted by -0.0075 (-5.60%).

2023 Avg (October) 0.1258
2022 Avg (October) 0.1333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1176 0.1075 0.1116
February 0.1144 0.1071 0.1097
March 0.1161 0.1099 0.1123
April 0.1150 0.1105 0.1125
May 0.1123 0.1091 0.1108
June 0.1114 0.1088 0.1101
July 0.1155 0.1102 0.1123
August 0.1203 0.1157 0.1178
September 0.1246 0.1172 0.1218
October 0.1285 0.1195 0.1258
November 0.1244 0.1166 0.1192
December 0.1212 0.1158 0.1191