YEARLY HIGH
1.1778 CLP
YEARLY LOW
0.9301 CLP
YEARLY AVERAGE
1.0362 CLP

2024 ARS to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 1.1778. Conversely, the yearly low was recorded on September 30, dropping to 0.9301.

This high-to-low spread represents a total annual volatility of 0.2477 CLP. From a start-to-finish perspective, comparing the January average rate of 1.1115 to the December average rate of 0.9645, the exchange rate registered a net change of -13.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1778 was down 75.63% compared to the 2023 peak of 4.8334, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,889 CLP
2023 Average 15,871 CLP
Yearly Trough Low 4,650 CLP
Transaction Impact: A difference of 1,238.67 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1783
0.9378
JanuMarcMayJulySeptNove

ARS 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 1.0954, compared to 0.9770 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1183 points.

H1 Avg (Jan–Jun) 1.0954
H2 Avg (Jul–Dec) 0.9770

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1021 CLP (High: 1.1008 / Low: 0.9987). On the other end, December was the most stable month, with a tight range of 0.0168 CLP (High: 0.9727 / Low: 0.9560).

May Spread (Volatile) ±0.1021
December Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0667 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.1582) against the same month in 2023 (average: 4.1769), the exchange rate shifted by -3.0186 (-72.27%).

2024 Avg (February) 1.1582
2023 Avg (February) 4.1769

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1279 1.0869 1.1115
February 1.1778 1.1303 1.1582
March 1.1707 1.1066 1.1371
April 1.1436 1.0760 1.1021
May 1.1008 0.9987 1.0355
June 1.0479 1.0049 1.0278
July 1.0368 0.9859 1.0139
August 1.0271 0.9551 0.9880
September 0.9920 0.9301 0.9647
October 0.9742 0.9324 0.9579
November 0.9877 0.9593 0.9731
December 0.9727 0.9560 0.9645