YEARLY HIGH
252.4423 CLP
YEARLY LOW
208.1925 CLP
YEARLY AVERAGE
223.9241 CLP

2023 SAR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 252.4423. Conversely, the yearly low was recorded on February 2, dropping to 208.1925.

This high-to-low spread represents a total annual volatility of 44.2498 CLP. From a start-to-finish perspective, comparing the January average rate of 219.1591 to the December average rate of 233.5356, the exchange rate registered a net change of 6.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 252.4423 was down 9.79% compared to the 2022 peak of 279.8257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,262,212 CLP
2022 Average 1,164,510 CLP
Yearly Trough Low 1,040,963 CLP
Transaction Impact: A difference of 221,248.94 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

250.7619
209.2894
JanuMarcMayJulySeptNove

SAR 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 214.6539, compared to 233.1944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.5405 points.

H1 Avg (Jan–Jun) 214.6539
H2 Avg (Jul–Dec) 233.1944

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 17.8323 CLP (High: 229.2963 / Low: 211.4640). On the other end, June was the most stable month, with a tight range of 5.0945 CLP (High: 215.0450 / Low: 209.9505).

January Spread (Volatile) ±17.8323
June Spread (Stable) ±5.0945

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 11.0202 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -11.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 247.3058) against the same month in 2022 (average: 253.8266), the exchange rate shifted by -6.5208 (-2.57%).

2023 Avg (October) 247.3058
2022 Avg (October) 253.8266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 229.2963 211.4640 219.1591
February 222.0488 208.1925 213.5093
March 221.1269 210.0369 215.0695
April 218.4930 210.7789 214.6220
May 216.7968 209.5110 212.7454
June 215.0450 209.9505 212.8181
July 223.9882 213.3231 217.3936
August 232.4766 224.3186 228.3953
September 242.3789 227.5966 236.2503
October 252.4423 237.4869 247.3058
November 246.8621 231.7996 236.2856
December 238.0529 229.8116 233.5356