2023 QAR to CLP Historical Review

YEARLY HIGH

260.1117 CLP

YEARLY LOW

214.4898 CLP

YEARLY AVERAGE

230.5785 CLP

2023 QAR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 260.1117. Conversely, the yearly low was recorded on February 2, dropping to 214.4898.

This high-to-low spread represents a total annual volatility of 45.6219 CLP. From a start-to-finish perspective, comparing the January average rate of 225.9153 to the December average rate of 240.3511, the exchange rate registered a net change of 6.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 260.1117 was down 9.42% compared to the 2022 peak of 287.1550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,300,559 CLP

2022 Average 1,200,028 CLP

Yearly Trough Low 1,072,449 CLP

Transaction Impact: A difference of 228,109.72 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

258.1742

215.5777

JanuMarcMayJulySeptNove

QAR 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 221.0167, compared to 240.1403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.1236 points.

H1 Avg (Jan–Jun) 221.0167

H2 Avg (Jul–Dec) 240.1403

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 20.1265 CLP (High: 236.5966 / Low: 216.4701). On the other end, June was the most stable month, with a tight range of 5.4122 CLP (High: 221.6659 / Low: 216.2538).

January Spread (Volatile) ±20.1265

June Spread (Stable) ±5.4122

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 October and November, when the average rate fell by 11.1490 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -11.1490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 254.6245) against the same month in 2022 (average: 261.8850), the exchange rate shifted by -7.2605 (-2.77%).

2023 Avg (October) 254.6245

2022 Avg (October) 261.8850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	236.5966	216.4701	225.9153
February	228.8749	214.4898	219.6328
March	228.1269	216.5231	221.4395
April	225.0884	216.8105	220.8483
May	223.2925	215.8061	219.1274
June	221.6659	216.2538	219.1369
July	230.8299	219.4318	223.9858
August	239.2820	231.1535	235.1024
September	249.6817	234.0368	243.3024
October	260.1117	244.5746	254.6245
November	254.1791	238.6889	243.4755
December	245.2285	236.3990	240.3511