2023 TWD to CLP Historical Review

YEARLY HIGH

29.4059 CLP

YEARLY LOW

25.4907 CLP

YEARLY AVERAGE

26.9609 CLP

2023 TWD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 29.4059. Conversely, the yearly low was recorded on May 14, dropping to 25.4907.

This high-to-low spread represents a total annual volatility of 3.9152 CLP. From a start-to-finish perspective, comparing the January average rate of 27.0850 to the December average rate of 28.0677, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.4059 was down 16.53% compared to the 2022 peak of 35.2293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147,029 CLP

2022 Average 146,763 CLP

Yearly Trough Low 127,453 CLP

Transaction Impact: A difference of 19,575.98 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.0167

25.6197

JanuMarcMayJulySeptNove

TWD 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 26.3683, compared to 27.5535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1852 points.

H1 Avg (Jan–Jun) 26.3683

H2 Avg (Jul–Dec) 27.5535

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.8639 CLP (High: 29.4059 / Low: 27.5420). On the other end, June was the most stable month, with a tight range of 0.7007 CLP (High: 26.3557 / Low: 25.6549).

October Spread (Volatile) ±1.8639

June Spread (Stable) ±0.7007

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 0.9528 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 28.7336) against the same month in 2022 (average: 29.8592), the exchange rate shifted by -1.1255 (-3.77%).

2023 Avg (October) 28.7336

2022 Avg (October) 29.8592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.1123	26.4145	27.0850
February	27.2194	25.9750	26.4570
March	27.1148	25.8188	26.4326
April	26.9238	25.8974	26.3448
May	26.4180	25.4907	25.9874
June	26.3557	25.6549	25.9028
July	26.7242	25.6236	26.1446
August	27.2981	26.5592	26.9260
September	28.2143	26.7691	27.6682
October	29.4059	27.5420	28.7336
November	28.7031	27.3642	27.7808
December	28.8416	27.5553	28.0677