YEARLY HIGH
497.5248 CLP
YEARLY LOW
440.5372 CLP
YEARLY AVERAGE
472.0234 CLP

2024 BBD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 497.5248. Conversely, the yearly low was recorded on January 3, dropping to 440.5372.

This high-to-low spread represents a total annual volatility of 56.9876 CLP. From a start-to-finish perspective, comparing the January average rate of 454.4438 to the December average rate of 491.8181, the exchange rate registered a net change of 8.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 497.5248 was up 5.08% compared to the 2023 peak of 473.4683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,487,624 CLP
2023 Average 2,100,856 CLP
Yearly Trough Low 2,202,686 CLP
Transaction Impact: A difference of 284,937.84 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

495.5555
450.7064
JanuMarcMayJulySeptNove

BBD 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 470.3324, compared to 473.7144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3820 points.

H1 Avg (Jan–Jun) 470.3324
H2 Avg (Jul–Dec) 473.7144

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 36.6137 CLP (High: 480.4087 / Low: 443.7950). On the other end, December was the most stable month, with a tight range of 12.0879 CLP (High: 497.5248 / Low: 485.4369).

May Spread (Volatile) ±36.6137
December Spread (Stable) ±12.0879

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 19.8187 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -19.8187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 491.8181) against the same month in 2023 (average: 437.9962), the exchange rate shifted by +53.8219 (+12.29%).

2024 Avg (December) 491.8181
2023 Avg (December) 437.9962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 465.1263 440.5372 454.4438
February 495.0495 467.2897 483.0702
March 495.0495 470.9071 483.5754
April 492.7400 470.4000 478.1935
May 480.4087 443.7950 458.3747
June 477.3150 450.4505 464.3368
July 478.4050 452.9450 467.4204
August 476.1905 453.4300 464.6252
September 474.9000 449.5750 463.1608
October 480.7692 452.1150 469.0349
November 493.3400 476.1905 486.2270
December 497.5248 485.4369 491.8181