YEARLY HIGH
73.3385 CLP
YEARLY LOW
55.9009 CLP
YEARLY AVERAGE
62.5637 CLP

2023 SCR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 73.3385. Conversely, the yearly low was recorded on February 1, dropping to 55.9009.

This high-to-low spread represents a total annual volatility of 17.4376 CLP. From a start-to-finish perspective, comparing the January average rate of 60.8393 to the December average rate of 65.2193, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 73.3385 was down 8.21% compared to the 2022 peak of 79.8996, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 366,693 CLP
2022 Average 323,385 CLP
Yearly Trough Low 279,504 CLP
Transaction Impact: A difference of 87,188.16 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

70.7702
57.1279
JanuMarcMayJulySeptNove

SCR 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 59.5030, compared to 65.6244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1214 points.

H1 Avg (Jan–Jun) 59.5030
H2 Avg (Jul–Dec) 65.6244

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 9.2585 CLP (High: 65.8067 / Low: 56.5482). On the other end, August was the most stable month, with a tight range of 2.3145 CLP (High: 65.1720 / Low: 62.8575).

January Spread (Volatile) ±9.2585
August Spread (Stable) ±2.3145

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 3.2847 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.2847

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 69.6334) against the same month in 2022 (average: 71.4634), the exchange rate shifted by -1.8301 (-2.56%).

2023 Avg (October) 69.6334
2022 Avg (October) 71.4634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.8067 56.5482 60.8393
February 63.9910 55.9009 59.1528
March 63.1614 56.5799 60.0279
April 61.7600 56.7780 59.6070
May 61.5872 56.3784 59.1263
June 61.1971 56.2550 58.2647
July 63.2034 57.3505 61.0288
August 65.1720 62.8575 64.0675
September 69.7923 64.5948 67.4488
October 73.3385 64.4837 69.6334
November 70.1787 63.3520 66.3487
December 67.6443 62.7254 65.2193