YEARLY HIGH
549.4726 CLP
YEARLY LOW
492.3843 CLP
YEARLY AVERAGE
522.2343 CLP

2024 BAM to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 549.4726. Conversely, the yearly low was recorded on January 3, dropping to 492.3843.

This high-to-low spread represents a total annual volatility of 57.0883 CLP. From a start-to-finish perspective, comparing the January average rate of 507.1862 to the December average rate of 527.0627, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 549.4726 was up 7.28% compared to the 2023 peak of 512.1859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,747,363 CLP
2023 Average 2,323,729 CLP
Yearly Trough Low 2,461,921 CLP
Transaction Impact: A difference of 285,441.52 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

540.5590
503.4295
JanuMarcMayJulySeptNove

BAM 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 520.0797, compared to 524.3889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3092 points.

H1 Avg (Jan–Jun) 520.0797
H2 Avg (Jul–Dec) 524.3889

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 31.3430 CLP (High: 524.1829 / Low: 492.8400). On the other end, December was the most stable month, with a tight range of 11.0136 CLP (High: 533.6910 / Low: 522.6774).

May Spread (Volatile) ±31.3430
December Spread (Stable) ±11.0136

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 18.3173 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -18.3173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 533.4280) against the same month in 2023 (average: 438.7121), the exchange rate shifted by +94.7160 (+21.59%).

2024 Avg (February) 533.4280
2023 Avg (February) 438.7121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 516.4690 492.3843 507.1862
February 549.4726 518.8712 533.4280
March 548.9614 524.4553 537.4649
April 543.7701 517.0640 524.8410
May 524.1829 492.8400 506.5237
June 522.2936 499.5123 511.0346
July 529.9586 503.4641 518.6485
August 533.4317 514.3837 523.0036
September 537.0674 513.3172 526.2452
October 533.1528 512.9903 522.6493
November 534.7450 522.9718 528.7244
December 533.6910 522.6774 527.0627