2023 SEK to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SEK to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SEK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 89.3212. Conversely, the yearly low was recorded on June 7, dropping to 72.6746.
This high-to-low spread represents a total annual volatility of 16.6466 CLP. From a start-to-finish perspective, comparing the January average rate of 79.2223 to the December average rate of 85.5561, the exchange rate registered a net change of 7.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 89.3212 was down 13.07% compared to the 2022 peak of 102.7510, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SEK to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 76.8015, compared to 81.5290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7275 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 6.8799 CLP (High: 79.9253 / Low: 73.0454). On the other end, June was the most stable month, with a tight range of 2.7692 CLP (High: 75.4438 / Low: 72.6746).
Growth Streaks & Declines
TrendsBetween 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 2.6181 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 85.5561) against the same month in 2022 (average: 83.9360), the exchange rate shifted by +1.6201 (+1.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 81.5225 | 76.0209 | 79.2223 |
| February | 80.2177 | 75.0703 | 76.6043 |
| March | 79.6879 | 74.2421 | 76.8538 |
| April | 79.3736 | 76.2066 | 77.8051 |
| May | 78.6509 | 73.8994 | 76.1533 |
| June | 75.4438 | 72.6746 | 74.1704 |
| July | 79.9253 | 73.0454 | 77.4987 |
| August | 81.3864 | 76.4794 | 79.0882 |
| September | 82.8268 | 77.2891 | 79.8853 |
| October | 86.6518 | 79.9062 | 84.1460 |
| November | 85.4282 | 79.9800 | 82.9999 |
| December | 89.3212 | 82.6387 | 85.5561 |