YEARLY HIGH
348.3306 CLP
YEARLY LOW
288.2947 CLP
YEARLY AVERAGE
307.4499 CLP

2023 WST to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 348.3306. Conversely, the yearly low was recorded on May 14, dropping to 288.2947.

This high-to-low spread represents a total annual volatility of 60.0359 CLP. From a start-to-finish perspective, comparing the January average rate of 305.1740 to the December average rate of 312.8544, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 348.3306 was down 9.78% compared to the 2022 peak of 386.1080, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,741,653 CLP
2022 Average 1,633,294 CLP
Yearly Trough Low 1,441,473 CLP
Transaction Impact: A difference of 300,179.53 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

341.8320
288.2801
JanuMarcMayJulySeptNove

WST 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 297.0579, compared to 317.8418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.7839 points.

H1 Avg (Jan–Jun) 297.0579
H2 Avg (Jul–Dec) 317.8418

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 29.4530 CLP (High: 348.3306 / Low: 318.8776). On the other end, June was the most stable month, with a tight range of 6.9895 CLP (High: 295.8902 / Low: 288.9006).

October Spread (Volatile) ±29.4530
June Spread (Stable) ±6.9895

Growth Streaks & Declines

Trends

Between 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 20.9096 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -20.9096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 337.3693) against the same month in 2022 (average: 340.0523), the exchange rate shifted by -2.6830 (-0.79%).

2023 Avg (October) 337.3693
2022 Avg (October) 340.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 319.5748 294.2117 305.1740
February 308.9223 289.6147 296.9310
March 307.9127 290.1879 299.2664
April 300.7408 290.1879 295.3838
May 298.2958 288.2947 292.7428
June 295.8902 288.9006 292.8494
July 309.1176 293.5230 299.2741
August 320.4377 309.5935 315.1499
September 334.4090 313.8938 325.9434
October 348.3306 318.8776 337.3693
November 330.6878 310.5590 316.4597
December 318.8846 307.8818 312.8544