2023 SYP to CLP Historical Review

YEARLY HIGH

0.3769 CLP

YEARLY LOW

0.3109 CLP

YEARLY AVERAGE

0.3343 CLP

2023 SYP to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.3769. Conversely, the yearly low was recorded on February 2, dropping to 0.3109.

This high-to-low spread represents a total annual volatility of 0.0659 CLP. From a start-to-finish perspective, comparing the January average rate of 0.3276 to the December average rate of 0.3486, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3769 was down 9.88% compared to the 2022 peak of 0.4182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,884 CLP

2022 Average 1,740 CLP

Yearly Trough Low 1,555 CLP

Transaction Impact: A difference of 329.72 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3744

0.3124

JanuMarcMayJulySeptNove

SYP 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 0.3206, compared to 0.3481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0275 points.

H1 Avg (Jan–Jun) 0.3206

H2 Avg (Jul–Dec) 0.3481

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0272 CLP (High: 0.3431 / Low: 0.3159). On the other end, June was the most stable month, with a tight range of 0.0076 CLP (High: 0.3210 / Low: 0.3134).

January Spread (Volatile) ±0.0272

June Spread (Stable) ±0.0076

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 0.0165 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3692) against the same month in 2022 (average: 0.3797), the exchange rate shifted by -0.0105 (-2.76%).

2023 Avg (October) 0.3692

2022 Avg (October) 0.3797

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3431	0.3159	0.3276
February	0.3317	0.3109	0.3188
March	0.3306	0.3138	0.3214
April	0.3262	0.3148	0.3204
May	0.3236	0.3127	0.3176
June	0.3210	0.3134	0.3177
July	0.3345	0.3184	0.3245
August	0.3467	0.3350	0.3410
September	0.3618	0.3396	0.3527
October	0.3769	0.3547	0.3692
November	0.3685	0.3461	0.3527
December	0.3554	0.3431	0.3486