YEARLY HIGH
490.3737 CLP
YEARLY LOW
424.6775 CLP
YEARLY AVERAGE
461.7085 CLP

2020 BGN to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 490.3737. Conversely, the yearly low was recorded on January 1, dropping to 424.6775.

This high-to-low spread represents a total annual volatility of 65.6962 CLP. From a start-to-finish perspective, comparing the January average rate of 439.2071 to the December average rate of 454.5024, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 490.3737 was up 1.47% compared to the 2019 peak of 483.2928, 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 2,451,868 CLP
2019 Average 2,013,027 CLP
Yearly Trough Low 2,123,387 CLP
Transaction Impact: A difference of 328,480.84 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

478.7124
435.6157
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 458.3354, compared to 465.0817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7463 points.

H1 Avg (Jan–Jun) 458.3354
H2 Avg (Jul–Dec) 465.0817

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 34.7146 CLP (High: 490.3737 / Low: 455.6590). On the other end, July was the most stable month, with a tight range of 11.4051 CLP (High: 465.6987 / Low: 454.2936).

August Spread (Volatile) ±34.7146
July Spread (Stable) ±11.4051

Growth Streaks & Declines

Trends

Between May and August, 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 16.6697 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -16.6697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 475.1210) against the same month in 2019 (average: 405.9544), the exchange rate shifted by +69.1666 (+17.04%).

2020 Avg (August) 475.1210
2019 Avg (August) 405.9544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 453.2600 424.6775 439.2071
February 461.4731 436.8634 445.6524
March 489.0117 461.4734 474.9617
April 485.0489 464.0389 474.0455
May 467.3264 448.7066 457.3758
June 474.4956 442.3874 458.7698
July 465.6987 454.2936 459.1140
August 490.3737 455.6590 475.1210
September 470.9795 459.3867 465.9669
October 481.4285 460.9003 473.8933
November 470.4990 452.4405 461.8927
December 469.3698 444.0625 454.5024