YEARLY HIGH
0.4590 CLP
YEARLY LOW
0.3659 CLP
YEARLY AVERAGE
0.4140 CLP

2020 BIF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.4590. Conversely, the yearly low was recorded on December 31, dropping to 0.3659.

This high-to-low spread represents a total annual volatility of 0.0931 CLP. From a start-to-finish perspective, comparing the January average rate of 0.4105 to the December average rate of 0.3760, the exchange rate registered a net change of -8.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4590 was up 0.05% compared to the 2019 peak of 0.4588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,295 CLP
2019 Average 1,910 CLP
Yearly Trough Low 1,829 CLP
Transaction Impact: A difference of 465.63 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4573
0.3686
JanuMarcMayJulySeptNove

BIF 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 0.4294, compared to 0.3986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0308 points.

H1 Avg (Jan–Jun) 0.4294
H2 Avg (Jul–Dec) 0.3986

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0296 CLP (High: 0.4232 / Low: 0.3936). On the other end, November was the most stable month, with a tight range of 0.0123 CLP (High: 0.3997 / Low: 0.3874).

January Spread (Volatile) ±0.0296
November Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between January and April, 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 0.0191 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4443) against the same month in 2019 (average: 0.3685), the exchange rate shifted by +0.0758 (+20.58%).

2020 Avg (March) 0.4443
2019 Avg (March) 0.3685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4232 0.3936 0.4105
February 0.4328 0.4118 0.4228
March 0.4590 0.4308 0.4443
April 0.4571 0.4383 0.4499
May 0.4425 0.4188 0.4308
June 0.4303 0.4010 0.4181
July 0.4210 0.3926 0.4074
August 0.4187 0.3926 0.4073
September 0.4081 0.3938 0.4005
October 0.4156 0.3986 0.4070
November 0.3997 0.3874 0.3933
December 0.3914 0.3659 0.3760