2023 TRY to CLP Historical Review

YEARLY HIGH

46.0163 CLP

YEARLY LOW

29.6333 CLP

YEARLY AVERAGE

36.1947 CLP

2023 TRY to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 46.0163. Conversely, the yearly low was recorded on December 19, dropping to 29.6333.

This high-to-low spread represents a total annual volatility of 16.3830 CLP. From a start-to-finish perspective, comparing the January average rate of 43.8341 to the December average rate of 30.1024, the exchange rate registered a net change of -31.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.0163 was down 29.44% compared to the 2022 peak of 65.2117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,300,814 CLP

2022 Average 2,659,097 CLP

Yearly Trough Low 1,481,666 CLP

Transaction Impact: A difference of 819,147.67 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.2072

28.7292

JanuMarcMayJulySeptNove

TRY 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 40.7697, compared to 31.6196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.1501 points.

H1 Avg (Jan–Jun) 40.7697

H2 Avg (Jul–Dec) 31.6196

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 7.8841 CLP (High: 38.5847 / Low: 30.7006). On the other end, December was the most stable month, with a tight range of 0.9187 CLP (High: 30.5521 / Low: 29.6333).

June Spread (Volatile) ±7.8841

December Spread (Stable) ±0.9187

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 6.5532 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.5532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 43.8341) against the same month in 2022 (average: 60.6539), the exchange rate shifted by -16.8199 (-27.73%).

2023 Avg (January) 43.8341

2022 Avg (January) 60.6539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.0163	42.1865	43.8341
February	44.1251	41.5157	42.4937
March	43.6830	41.1018	42.5021
April	42.5678	40.8952	41.6217
May	41.5683	38.8496	40.3599
June	38.5847	30.7006	33.8068
July	31.2438	30.0694	30.8022
August	32.8141	31.1967	31.8308
September	33.4133	31.9503	32.8033
October	33.9714	31.5416	33.2619
November	32.3628	30.0391	30.9171
December	30.5521	29.6333	30.1024