YEARLY HIGH
108.1862 CLP
YEARLY LOW
89.2938 CLP
YEARLY AVERAGE
96.0507 CLP

2023 SVC to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 108.1862. Conversely, the yearly low was recorded on February 2, dropping to 89.2938.

This high-to-low spread represents a total annual volatility of 18.8924 CLP. From a start-to-finish perspective, comparing the January average rate of 94.0799 to the December average rate of 100.0094, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 108.1862 was down 10.05% compared to the 2022 peak of 120.2727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 540,931 CLP
2022 Average 499,735 CLP
Yearly Trough Low 446,469 CLP
Transaction Impact: A difference of 94,462.03 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

107.5757
89.7416
JanuMarcMayJulySeptNove

SVC 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 92.1023, compared to 99.9991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.8969 points.

H1 Avg (Jan–Jun) 92.1023
H2 Avg (Jul–Dec) 99.9991

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.8279 CLP (High: 98.5278 / Low: 90.6998). On the other end, June was the most stable month, with a tight range of 2.7265 CLP (High: 92.7200 / Low: 89.9935).

January Spread (Volatile) ±7.8279
June Spread (Stable) ±2.7265

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 4.6991 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.6991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 106.0895) against the same month in 2022 (average: 109.0472), the exchange rate shifted by -2.9576 (-2.71%).

2023 Avg (October) 106.0895
2022 Avg (October) 109.0472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 98.5278 90.6998 94.0799
February 95.2364 89.2938 91.5320
March 95.6440 90.0871 92.4325
April 94.2199 90.5809 92.1068
May 92.9496 89.7309 91.2278
June 92.7200 89.9935 91.2346
July 95.9825 91.3900 93.2996
August 99.8065 96.1516 97.9164
September 103.7845 97.5133 101.2894
October 108.1862 101.6283 106.0895
November 105.7374 99.3622 101.3904
December 101.9964 98.4942 100.0094