2023 THB to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 THB to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the THB to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 26.0867. Conversely, the yearly low was recorded on June 28, dropping to 22.4741.
This high-to-low spread represents a total annual volatility of 3.6126 CLP. From a start-to-finish perspective, comparing the January average rate of 24.7893 to the December average rate of 25.1014, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 26.0867 was down 9.18% compared to the 2022 peak of 28.7250, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
THB 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 23.5948, compared to 24.7141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1194 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 1.8099 CLP (High: 24.5282 / Low: 22.7183). On the other end, May was the most stable month, with a tight range of 0.8004 CLP (High: 23.7736 / Low: 22.9732).
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 1.2769 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 25.4259) against the same month in 2022 (average: 25.1552), the exchange rate shifted by +0.2707 (+1.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.2056 | 24.1428 | 24.7893 |
| February | 24.0512 | 22.9692 | 23.5124 |
| March | 24.5456 | 22.7582 | 23.4688 |
| April | 24.1676 | 23.0378 | 23.5573 |
| May | 23.7736 | 22.9732 | 23.3468 |
| June | 23.3177 | 22.4741 | 22.8939 |
| July | 24.5282 | 22.7183 | 23.5547 |
| August | 24.8305 | 23.9948 | 24.4487 |
| September | 25.2261 | 24.2315 | 24.7449 |
| October | 26.0867 | 24.2933 | 25.4259 |
| November | 25.7273 | 24.5681 | 25.0092 |
| December | 25.8419 | 24.5254 | 25.1014 |