2023 RWF to CLP Historical Review

YEARLY HIGH

0.8060 CLP

YEARLY LOW

0.6821 CLP

YEARLY AVERAGE

0.7258 CLP

2023 RWF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.8060. Conversely, the yearly low was recorded on June 29, dropping to 0.6821.

This high-to-low spread represents a total annual volatility of 0.1239 CLP. From a start-to-finish perspective, comparing the January average rate of 0.7660 to the December average rate of 0.6986, the exchange rate registered a net change of -8.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8060 was down 21.39% compared to the 2022 peak of 1.0254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,030 CLP

2022 Average 4,220 CLP

Yearly Trough Low 3,411 CLP

Transaction Impact: A difference of 619.54 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7729

0.6906

JanuMarcMayJulySeptNove

RWF 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 0.7293, compared to 0.7224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.7293

H2 Avg (Jul–Dec) 0.7224

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0715 CLP (High: 0.8060 / Low: 0.7345). On the other end, July was the most stable month, with a tight range of 0.0214 CLP (High: 0.7093 / Low: 0.6879).

January Spread (Volatile) ±0.0715

July Spread (Stable) ±0.0214

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 0.0412 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7660) against the same month in 2022 (average: 0.7990), the exchange rate shifted by -0.0329 (-4.12%).

2023 Avg (January) 0.7660

2022 Avg (January) 0.7990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8060	0.7345	0.7660
February	0.7644	0.7174	0.7372
March	0.7617	0.7134	0.7383
April	0.7456	0.7134	0.7256
May	0.7274	0.7019	0.7112
June	0.7147	0.6821	0.6975
July	0.7093	0.6879	0.6980
August	0.7373	0.7118	0.7243
September	0.7474	0.7171	0.7363
October	0.7747	0.7262	0.7591
November	0.7520	0.6996	0.7179
December	0.7106	0.6869	0.6986