YEARLY HIGH
0.0488 CLP
YEARLY LOW
0.0395 CLP
YEARLY AVERAGE
0.0442 CLP

2023 SLL to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0488. Conversely, the yearly low was recorded on July 30, dropping to 0.0395.

This high-to-low spread represents a total annual volatility of 0.0093 CLP. From a start-to-finish perspective, comparing the January average rate of 0.0466 to the December average rate of 0.0418, the exchange rate registered a net change of -10.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0488 was down 37.05% compared to the 2022 peak of 0.0775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 244 CLP
2022 Average 324 CLP
Yearly Trough Low 197 CLP
Transaction Impact: A difference of 46.51 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0472
0.0403
JanuMarcMayJulySeptNove

SLL 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 0.0456, compared to 0.0428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0456
H2 Avg (Jul–Dec) 0.0428

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0074 CLP (High: 0.0469 / Low: 0.0395). On the other end, June was the most stable month, with a tight range of 0.0011 CLP (High: 0.0457 / Low: 0.0446).

July Spread (Volatile) ±0.0074
June Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0043 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0466) against the same month in 2022 (average: 0.0723), the exchange rate shifted by -0.0257 (-35.55%).

2023 Avg (January) 0.0466
2022 Avg (January) 0.0723

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0488 0.0449 0.0466
February 0.0472 0.0442 0.0453
March 0.0470 0.0446 0.0457
April 0.0464 0.0448 0.0456
May 0.0460 0.0445 0.0452
June 0.0457 0.0446 0.0452
July 0.0469 0.0395 0.0452
August 0.0415 0.0401 0.0409
September 0.0434 0.0407 0.0423
October 0.0452 0.0425 0.0442
November 0.0442 0.0415 0.0423
December 0.0426 0.0411 0.0418