2023 RON to CLP Historical Review

YEARLY HIGH

201.3046 CLP

YEARLY LOW

170.8865 CLP

YEARLY AVERAGE

183.6166 CLP

2023 RON to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 201.3046. Conversely, the yearly low was recorded on June 7, dropping to 170.8865.

This high-to-low spread represents a total annual volatility of 30.4181 CLP. From a start-to-finish perspective, comparing the January average rate of 180.1950 to the December average rate of 192.4850, the exchange rate registered a net change of 6.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 201.3046 was down 7.49% compared to the 2022 peak of 217.5937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,006,523 CLP

2022 Average 932,029 CLP

Yearly Trough Low 854,432 CLP

Transaction Impact: A difference of 152,090.32 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

199.5822

172.1759

JanuMarcMayJulySeptNove

RON 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 176.4477, compared to 190.7855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.3378 points.

H1 Avg (Jan–Jun) 176.4477

H2 Avg (Jul–Dec) 190.7855

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 11.8869 CLP (High: 187.3409 / Low: 175.4540). On the other end, August was the most stable month, with a tight range of 6.9566 CLP (High: 191.8984 / Low: 184.9418).

July Spread (Volatile) ±11.8869

August Spread (Stable) ±6.9566

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 January and February, when the average rate fell by 5.5891 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.5891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 197.2983) against the same month in 2022 (average: 190.4288), the exchange rate shifted by +6.8695 (+3.61%).

2023 Avg (October) 197.2983

2022 Avg (October) 190.4288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	184.3288	175.1950	180.1950
February	179.5281	171.9904	174.6059
March	180.1241	171.5858	175.5133
April	182.2210	173.3084	178.7607
May	180.7473	172.4485	175.1515
June	177.9893	170.8865	174.4598
July	187.3409	175.4540	182.4955
August	191.8984	184.9418	189.1096
September	193.3753	186.0458	190.4754
October	201.3046	189.9459	197.2983
November	199.2438	189.6856	192.8490
December	198.3862	188.7278	192.4850