2023 TJS to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TJS to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TJS to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 86.2277. Conversely, the yearly low was recorded on May 12, dropping to 71.7986.
This high-to-low spread represents a total annual volatility of 14.4291 CLP. From a start-to-finish perspective, comparing the January average rate of 80.4613 to the December average rate of 80.0783, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 86.2277 was down 17.31% compared to the 2022 peak of 104.2804, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TJS 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 75.6941, compared to 79.8473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1532 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 9.0074 CLP (High: 81.1915 / Low: 72.1841). On the other end, June was the most stable month, with a tight range of 2.2121 CLP (High: 74.2907 / Low: 72.0786).
Growth Streaks & Declines
TrendsBetween 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 3.5202 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 84.5742) against the same month in 2022 (average: 94.7093), the exchange rate shifted by -10.1351 (-10.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.5179 | 77.1301 | 80.4613 |
| February | 83.2213 | 74.3726 | 77.1267 |
| March | 81.1915 | 72.1841 | 76.6095 |
| April | 75.5981 | 72.4472 | 73.8103 |
| May | 74.4745 | 71.7986 | 73.0749 |
| June | 74.2907 | 72.0786 | 73.0817 |
| July | 76.6612 | 73.0604 | 74.6253 |
| August | 79.4989 | 76.7954 | 78.0627 |
| September | 82.6704 | 77.6757 | 80.6891 |
| October | 86.2277 | 80.9500 | 84.5742 |
| November | 84.5671 | 79.5432 | 81.0540 |
| December | 81.6194 | 78.8142 | 80.0783 |