YEARLY HIGH
112.3931 CLP
YEARLY LOW
94.2789 CLP
YEARLY AVERAGE
100.6355 CLP

2023 SBD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 112.3931. Conversely, the yearly low was recorded on May 14, dropping to 94.2789.

This high-to-low spread represents a total annual volatility of 18.1142 CLP. From a start-to-finish perspective, comparing the January average rate of 99.6066 to the December average rate of 103.5781, the exchange rate registered a net change of 3.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 112.3931 was down 12.88% compared to the 2022 peak of 129.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 561,966 CLP
2022 Average 537,164 CLP
Yearly Trough Low 471,395 CLP
Transaction Impact: A difference of 90,570.83 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

111.4181
94.3295
JanuMarcMayJulySeptNove

SBD 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 97.2805, compared to 103.9905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7100 points.

H1 Avg (Jan–Jun) 97.2805
H2 Avg (Jul–Dec) 103.9905

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 7.8595 CLP (High: 110.2467 / Low: 102.3871). On the other end, June was the most stable month, with a tight range of 2.5037 CLP (High: 96.9045 / Low: 94.4008).

November Spread (Volatile) ±7.8595
June Spread (Stable) ±2.5037

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 4.9576 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.9576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 109.9940) against the same month in 2022 (average: 116.7998), the exchange rate shifted by -6.8058 (-5.83%).

2023 Avg (October) 109.9940
2022 Avg (October) 116.7998

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 104.3058 96.6168 99.6066
February 101.2226 95.3061 97.2828
March 101.2919 95.7599 98.1308
April 98.9497 95.6201 97.0860
May 97.6325 94.2789 95.8230
June 96.9045 94.4008 95.7535
July 100.6653 94.5794 97.4724
August 104.1534 100.5677 102.3738
September 108.6192 101.9557 105.4881
October 112.3931 105.8759 109.9940
November 110.2467 102.3871 105.0365
December 105.7932 101.6306 103.5781