YEARLY HIGH
1240.0755 CLP
YEARLY LOW
1047.5042 CLP
YEARLY AVERAGE
1120.8240 CLP

2023 XDR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 1240.0755. Conversely, the yearly low was recorded on June 8, dropping to 1047.5042.

This high-to-low spread represents a total annual volatility of 192.5713 CLP. From a start-to-finish perspective, comparing the January average rate of 1105.8575 to the December average rate of 1168.2885, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1240.0755 was down 13.13% compared to the 2022 peak of 1427.4807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,200,378 CLP
2022 Average 5,993,367 CLP
Yearly Trough Low 5,237,521 CLP
Transaction Impact: A difference of 962,856.55 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1233.4586
1050.0281
JanuMarcMayJulySeptNove

XDR 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 1080.1517, compared to 1161.4962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 81.3445 points.

H1 Avg (Jan–Jun) 1080.1517
H2 Avg (Jul–Dec) 1161.4962

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 78.4475 CLP (High: 1151.3211 / Low: 1072.8737). On the other end, May was the most stable month, with a tight range of 34.1098 CLP (High: 1092.8664 / Low: 1058.7567).

January Spread (Volatile) ±78.4475
May Spread (Stable) ±34.1098

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 46.6132 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -46.6132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1218.1727) against the same month in 2022 (average: 1305.5538), the exchange rate shifted by -87.3811 (-6.69%).

2023 Avg (October) 1218.1727
2022 Avg (October) 1305.5538

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1151.3211 1072.8737 1105.8575
February 1106.4742 1052.8969 1072.7461
March 1110.7318 1057.5154 1077.5295
April 1111.1503 1063.3412 1086.6322
May 1092.8664 1058.7567 1072.8308
June 1087.8159 1047.5042 1065.3140
July 1127.8832 1063.6134 1095.8091
August 1164.7150 1123.5119 1143.7511
September 1195.0574 1132.1076 1171.3964
October 1240.0755 1166.0070 1218.1727
November 1216.9225 1151.7878 1171.5595
December 1196.4262 1146.9738 1168.2885