YEARLY HIGH
350.3864 CLP
YEARLY LOW
289.0788 CLP
YEARLY AVERAGE
310.8408 CLP

2023 XCD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 350.3864. Conversely, the yearly low was recorded on February 2, dropping to 289.0788.

This high-to-low spread represents a total annual volatility of 61.3075 CLP. From a start-to-finish perspective, comparing the January average rate of 304.6094 to the December average rate of 324.1355, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 350.3864 was down 9.88% compared to the 2022 peak of 388.8032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,751,932 CLP
2022 Average 1,618,010 CLP
Yearly Trough Low 1,445,394 CLP
Transaction Impact: A difference of 306,537.65 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

348.0314
290.4297
JanuMarcMayJulySeptNove

XCD 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 298.0435, compared to 323.6381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.5946 points.

H1 Avg (Jan–Jun) 298.0435
H2 Avg (Jul–Dec) 323.6381

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 25.3162 CLP (High: 318.9835 / Low: 293.6674). On the other end, June was the most stable month, with a tight range of 7.0489 CLP (High: 298.4040 / Low: 291.3550).

January Spread (Volatile) ±25.3162
June Spread (Stable) ±7.0489

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 15.3604 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -15.3604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 343.2312) against the same month in 2022 (average: 352.9983), the exchange rate shifted by -9.7671 (-2.77%).

2023 Avg (October) 343.2312
2022 Avg (October) 352.9983

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 318.9835 293.6674 304.6094
February 308.3508 289.0788 296.3817
March 307.3431 291.7100 298.8096
April 303.2958 292.6532 297.8933
May 300.8300 290.7439 295.2298
June 298.4040 291.3550 295.3373
July 310.9419 296.0167 301.7143
August 322.3289 311.4207 317.0099
September 336.3826 315.7464 327.8670
October 350.3864 329.7441 343.2312
November 342.6120 321.7573 327.8708
December 330.3831 318.9835 324.1355