2023 TND to CLP Historical Review

YEARLY HIGH

298.3435 CLP

YEARLY LOW

252.2483 CLP

YEARLY AVERAGE

270.6288 CLP

2023 TND to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TND to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 298.3435. Conversely, the yearly low was recorded on February 14, dropping to 252.2483.

This high-to-low spread represents a total annual volatility of 46.0952 CLP. From a start-to-finish perspective, comparing the January average rate of 266.3147 to the December average rate of 282.7071, the exchange rate registered a net change of 6.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 298.3435 was down 11.66% compared to the 2022 peak of 337.7248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,491,717 CLP

2022 Average 1,417,892 CLP

Yearly Trough Low 1,261,241 CLP

Transaction Impact: A difference of 230,475.84 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

295.8352

254.2679

JanuMarcMayJulySeptNove

TND 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 260.6624, compared to 280.5952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.9328 points.

H1 Avg (Jan–Jun) 260.6624

H2 Avg (Jul–Dec) 280.5952

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 17.7479 CLP (High: 293.6185 / Low: 275.8706). On the other end, June was the most stable month, with a tight range of 7.7764 CLP (High: 261.4529 / Low: 253.6766).

November Spread (Volatile) ±17.7479

June Spread (Stable) ±7.7764

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 9.3079 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.3079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 292.3713) against the same month in 2022 (average: 293.1882), the exchange rate shifted by -0.8169 (-0.28%).

2023 Avg (October) 292.3713

2022 Avg (October) 293.1882

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	275.8179	258.7322	266.3147
February	264.4663	252.2483	257.7319
March	265.4554	252.9216	258.7369
April	269.4517	253.5626	262.9870
May	265.9211	256.9010	260.1856
June	261.4529	253.6766	258.0180
July	272.9117	258.4814	265.9054
August	282.2323	272.6810	277.1598
September	286.5356	275.8430	282.3640
October	298.3435	281.1706	292.3713
November	293.6185	275.8706	283.0634
December	290.1306	276.9255	282.7071