YEARLY HIGH
394.9104 CLP
YEARLY LOW
346.0258 CLP
YEARLY AVERAGE
374.4673 CLP

2017 BGN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 394.9104. Conversely, the yearly low was recorded on February 21, dropping to 346.0258.

This high-to-low spread represents a total annual volatility of 48.8846 CLP. From a start-to-finish perspective, comparing the January average rate of 358.6774 to the December average rate of 384.5991, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 394.9104 was down 4.24% compared to the 2016 peak of 412.3932, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,974,552 CLP
2016 Average 1,914,160 CLP
Yearly Trough Low 1,730,129 CLP
Transaction Impact: A difference of 244,422.96 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

392.8455
346.0347
JanuMarcMayJulySeptNove

BGN 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 365.2071, compared to 383.7276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.5205 points.

H1 Avg (Jan–Jun) 365.2071
H2 Avg (Jul–Dec) 383.7276

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 21.5235 CLP (High: 371.6052 / Low: 350.0816). On the other end, September was the most stable month, with a tight range of 8.4030 CLP (High: 385.7511 / Low: 377.3481).

April Spread (Volatile) ±21.5235
September Spread (Stable) ±8.4030

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 8.7419 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.7419

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 384.5991) against the same month in 2016 (average: 359.4309), the exchange rate shifted by +25.1682 (+7.00%).

2017 Avg (December) 384.5991
2016 Avg (December) 359.4309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 363.7946 354.9632 358.6774
February 355.6891 346.0258 349.9356
March 369.2031 351.6188 361.6732
April 371.6052 350.0816 359.2121
May 386.5675 370.8620 379.8791
June 389.0935 377.4799 381.8649
July 393.6536 385.1402 388.1265
August 394.3774 380.3068 388.9446
September 385.7511 377.3481 381.3471
October 383.7493 373.3072 378.8221
November 393.5955 374.8505 380.5261
December 394.9104 374.4495 384.5991